- 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 concerns and geopolitical risks.
- We are not currently making any major changes to our strategic positioning, though portfolio managers continue to make adjustments designed to take advantage of volatility and manage evolving risks.
For further details see:
Thoughts On Russia-Ukraine