The sell-off in Russian markets following the US's shock decision to impose harsher sanctions has created a divergence between emerging market debt and equity managers, with bond managers becoming extremely bearish while equity managers have identified buying opportunities.
On 6 April, the US hardened sanctions imposed on Russia by targeting seven of the country's richest men, as well as 17 government officials. The move followed what Western powers view as aggressive...
Political fears in Europe and UK
Attracting and supporting the industry's best women
Slow progress in improving diversity
Best-performing fund over five years