Tag: research

Research Jane BorovikovaOctober 19, 2020 0

Change in oil and metals extraction taxes: What it means for the Russian equity market

The Russian government has approved an increase in the mineral extraction tax (MET) and changes to excess profit tax (EPT) for oil, proposed by the Ministry of Finance (MoF). The…Continue Reading →

Two elephants on the Russian market: The largest actively managed fund vs the largest ETF

BNP Paribas Russia Equity fund and VanEck Vectors Russia ETF are the largest funds in their categories. Their assets under…

The backbones of Russian passive and active equity funds

A benchmark provides a measurable backbone for a fund. MVIS Russia is the benchmark for the largest Russian equity exchange-traded…

Research Jane BorovikovaSeptember 11, 2020 0

‘Navalny’ and ‘Belarus’: How large can the impact be on Russia vs. EM performance?

The Navalny affair and the turmoil in neighbouring Belarus have already caused Russian equities to underperform the wider emerging markets by 643bp. Investors now worry that these events can lead…Continue Reading →

Will Russia outperform EM? Focus on Russia-specific factors

We admire people who make decisions about asset allocation across equity markets of different countries. It is much more difficult…

“Russian Google”, exposure to gold and other major changes in the MSCI Russia 10/40 index

On 1 September, Yandex was included into MSCI Russia 10/40 index with the weight of close to 10%. Yandex is…

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