| William Browder | ||||||
The RTS, Russia’s benchmark equity index, has soared 80% since September and is trading at levels last seen in the boom days before the 1998 crisis.
Bolstered by rebounding oil prices and fresh optimism about the global economic pick-up, the RTS has smashed through the psychological ceiling of 300, gaining 19% since the start of the year. It has outperformed all other emerging markets in the past 12 months.
William Browder, CEO of Hermitage Capital Management, believes plenty of upside remains.
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