Russia ETFs Lag Behind Other BRIC Economies
April 23, 2013 at 13:47 PM EDT
Among the big four BRICs – Brazil, Russia, India and China – emerging market economies, Russian stocks and related exchange traded funds are lagging behind. Now, JP Morgan (NYSE: JPM) has cut its outlook on Russian equities. Market Vectors Russia ETF (NYSEArca: RSX) declined 13.8%...