Claire Peck, a client portfolio manager for emerging market equities at JPMorgan, says that she favors the consumer space, where companies have the potential to double over the next 3-5 years, a feat she does not see Gazprom Lukoil achieving, reports Maria Merricks on Investment Week.
Market Vectors Russia (NYSEArca: RSX) gained 5.1% over the past two days, and has about $2.2 billion in assets. The ETF allocates about 33% to oil and oil exploration and production.
Market Vectors Russia
Tisha Guerrero contributed to this article.