FLRU News and Press, Franklin FTSE Russia From 02/26/22

As tensions rise from the movement of Russian forces into Ukraine and we contemplate Russia’s international ambitions, it might be useful to look at where Russia stands in the world today economically. Should Russia cut off energy supplies in response to sanctions, which were j...

From a broader macro perspective, we expect increasingly severe and stringent sanctions from the West, and a response from Russia that will likely involve curbing oil and gas exports. We have not found attractive opportunities in Russian equities given heightened corporate governance ...

Russia-Ukraine crisis: What's Putin's next move? A full regime change in Ukraine may be tougher than Putin thinks. Bond market surprise: Why didn't long bonds react to Russian attack? For further details see: Russia-Ukraine Crisis: What's Putin's Next Move?

It’s been another week of significant volatility in financial markets and there’s little reason to expect next week will be any different. The tragic events in Ukraine will continue to have a big impact on the markets in the coming weeks as it becomes clear what Vladimir...

The peak of central bank tightening expectations has likely passed. Major economies will continue to experience positive growth. Biggest sectoral impacts will likely be in commodity markets. For further details see: Russia's Invasion: 3 Implications For Fixed Income

Russian exchange-traded funds and index tracking funds are rallying before the bell Friday as volatility in global equities continues after Russia's invasion of Ukraine. Russian forces are driving toward Kyiv, with speculation that the capital could fall within hours. ETFs that sold off sharp...

Following a 14% rally in the MSCI Russia Index in 2021, the index has posted double-digit declines in 2022 as investors factor in the risk of sanctions, dividend cuts and higher risk premiums. The invasion of Ukraine is testing our conviction, but our views are unchanged for now, ackn...

Events have moved quickly since our update on February 22. It’s unclear whether this is the shock and awe phase of a limited incursion or the beginning of a full-scale invasion that seeks regime change in Kyiv. USD/RUB touched 90 overnight before fading back to the mid-80s ...

Global markets tumble on Russian attack on Ukraine. Russian inflation stokes stagflation fears. Commodities the big winner in Russian attack. For further details see: Markets Sell Off As Russia Attacks Ukraine: What's At Stake For Investors?

The problem for Western leaders is that their governing elites have incoherent views towards Russia, and it is unclear how much this will change. The implication is that if fighting were to continue, it would be in the form of an insurgency. Government spending that is not tied to...