Anybody who backed Mr Putin in his early years as an investor has been richly rewarded with gains in equity prices of 883 per cent from 2000 to 2012. Now he is back in the Kremlin as president again, so is this another good time to invest in Mr Putin?
UFG Asset Management’s chief economist Florian Fenner answered a resounding ‘yes!’ at this week’s Hedge Funds World conference in Dubai. He was not alone. Bin Zayed Group’s Matein Khalid also reckons Gazprom is the most undervalued large energy stock in the world.
No comments:
Post a Comment