Economics: Volatile major markets impact emerging markets

Volatility in major markets as well as oil price movements will impact emerging markets, say investo...

Volatility in major markets as well as oil price movements will impact emerging markets, say investors. Gareth Morgan, portfolio manager for Russian equities at F&C Asset Management, says the current volatility of oil prices is more of a problem for investors then current tensions in the Russian oil market. F&C Asset Management is looking more to a domestic bias in Russia, rather than positions in the oil export market, he says. The base of the Russian economy has strengthened, ensuring the country can weather the volatility of oil prices, despite the Russian index being heavily weigh...