ETF Trends
05-06-2008, 05:10 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/05/05/2686628547.jpeg (http://etftrends.typepad.com/photos/uncategorized/2008/05/05/2686628547.jpeg) The Russian economy is shifting leadership while the economy is booming under Vladimir Putin's hand, with the focused exchange traded fund (ETF) on a run. But can it sustain momentum under the next President?
Gleb Bryanski for Reuters says (http://www.guardian.co.uk/feedarticle?id=7500681) Russian officials are ecstatic over the economic achievements of Putin's office over the past 8 years, with high economic growth and investment rates.
But one of his last acts before stepping down, Putin signed a law placing limits on foreign investment within key sectors of the Russian economy. The law terms state that any private foreign company wanting to buymore than 50% of a company in any of the 42 strategic sectors will needauthorization from a commission made up of economic and securityofficials, reports Thompson Financial News (http://www.forbes.com/markets/feeds/afx/2008/05/05/afx4968823.html).
The challenge for Dmitry Medvedev is going to be sustaining the economic growth, which could turn out to be a headache. Growth rates are showing signs of faltering and inflation is ticking up. Medvedev's commitment to reform is still a question mark among many Russians, and he hasn't disclosed much in the way of economic policy.
Market Vectors Russia (RSX (http://finance.yahoo.com/q?s=rsx)) would be in a position to benefit if Medvedev manages to keep Russia on a growth course. Year-to-date, the fund is down 0.7%. The Central Europe and Russia Fund (CEE (http://finance.yahoo.com/q?s=cee)), a closed-end fund, could also benefit. Year-to-date, it's down 12.2%, and it's 27.7% allocated in Russia.
http://www.etftrends.com/images/2008/05/06/z_3.png (http://etftrends.typepad.com/photos/uncategorized/2008/05/06/z_3.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/284869489/russia-begins-t.html)
http://www.etftrends.com/images/2008/05/05/2686628547.jpeg (http://etftrends.typepad.com/photos/uncategorized/2008/05/05/2686628547.jpeg) The Russian economy is shifting leadership while the economy is booming under Vladimir Putin's hand, with the focused exchange traded fund (ETF) on a run. But can it sustain momentum under the next President?
Gleb Bryanski for Reuters says (http://www.guardian.co.uk/feedarticle?id=7500681) Russian officials are ecstatic over the economic achievements of Putin's office over the past 8 years, with high economic growth and investment rates.
But one of his last acts before stepping down, Putin signed a law placing limits on foreign investment within key sectors of the Russian economy. The law terms state that any private foreign company wanting to buymore than 50% of a company in any of the 42 strategic sectors will needauthorization from a commission made up of economic and securityofficials, reports Thompson Financial News (http://www.forbes.com/markets/feeds/afx/2008/05/05/afx4968823.html).
The challenge for Dmitry Medvedev is going to be sustaining the economic growth, which could turn out to be a headache. Growth rates are showing signs of faltering and inflation is ticking up. Medvedev's commitment to reform is still a question mark among many Russians, and he hasn't disclosed much in the way of economic policy.
Market Vectors Russia (RSX (http://finance.yahoo.com/q?s=rsx)) would be in a position to benefit if Medvedev manages to keep Russia on a growth course. Year-to-date, the fund is down 0.7%. The Central Europe and Russia Fund (CEE (http://finance.yahoo.com/q?s=cee)), a closed-end fund, could also benefit. Year-to-date, it's down 12.2%, and it's 27.7% allocated in Russia.
http://www.etftrends.com/images/2008/05/06/z_3.png (http://etftrends.typepad.com/photos/uncategorized/2008/05/06/z_3.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/284869489/russia-begins-t.html)