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Initiation research from QuotedData

9 Mar 2017 13:03

RNS Number : 0508Z
JPMorgan Russian Securities PLC
09 March 2017
 

JPMorgan Russian Securities - Initiation research from QuotedData

9th March 2017

Russian recovery

 

The Russian market has been rebounding on the back of a strengthening oil price but remains one of the cheapest emerging markets. The manager thinks the market could rise further from here. The economy is on an improving trend but, the manager believes that, if President Trump eases sanctions, this could provide a significant tailwind.

 

JPMorgan Russian Securities (JRS) offers the only pure play on Russia within the investment companies market. It comes with a yield of 2.8% and one of the most experienced investment managers in the sector, Oleg Biryulyov, who has been managing JRS since it was launched, and Russian equity funds for 23 years.

 

Full research:

http://quoteddata.com/2017/03/jpmorgan-russian-securities-russian-recovery/ 

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: this note has been prepared for JPMorgan Russian Securities by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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This information is provided by RNS
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