Where are Russians spending their growing income?
EMERGING EUROPE
Liesbeth Rubinstein, manager of the Invesco Perpetual Emerging European fund, looks at the best ways for investors to tap into spending patterns of the growing middle class.
Irina Leschova is a 28-year-old Muscovite who works in a media company. She is educated, reasonably well paid and has just returned from a four-day shopping trip to New York. While many consumers in...
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