Russia and Brazil lead managers’ picks

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From Archive 03 May 2004

By PWM Editor

There is still value to be had in Russia but fund managers are finding good deals in Venezuela and Brazil as well as China. Simon Hildrey reports:
Emerging markets are once more grabbing investors’ attention. While China has been the focus of most analysis, the broader asset class gained 55 per cent over the past year. And despite their inherent risk, one school of thought believes they offer more attractive valuations than developed countries.

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Russia and Brazil lead managers’ picks

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