Daily Archives: Jan 8, 2012

Renowned international fund managers who came to Russia in the past have, often as not, left with their tails between their legs. But now some of them are learning new tricks, according to a report in Monday’s FTfm.

Foreign players – including Pioneer, Templeton, Credit Suisse, Deutsche Bank and Russian specialist East Capital – who have opened local operations only to close them, will be looking at forthcoming legislative changes. 

Will Hungary sustain last week’s recovery, after the forint had earlier plunged to record lows? Investors will be watching intently for signs of a deal with the IMF and EU. Elsewhere, after China releases inflation data for December on Monday and Brazil reveals retail sales numbers on Thursday, all eyes will be on the final results of Egypt’s parliamentary election on Friday.