Word: ahamed
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Almost everyone agrees the most promising markets are Russia and other countries in Asia. Both have beefed up corporate governance and taken steps to bolster their domestic economies. Russia benefits from low labor costs and vast natural resources. Brad Aham, emerging-market portfolio manager at State Street Global Advisors, owns Russia's two big oil stocks, Lukoil and Yukos, which should benefit as the West looks for oil outside the Middle East. But all Russian industries will benefit as "post-9/11, Russia more clearly aligns with the West," says Aham. The ING Russia fund is a stalwart in this...
...pair of gilt slippers or a double-entendre in the cast. So, just to avoid the occurrence of such sad mishaps to those of TIME's clientele who intend to trip over the water this summer, a sketchy review of the Paris theatrical season seems in order. Aham...
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