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Investors should look to Russia with love

RUSSIA is likely to be one of the top performing markets in 2008, according to online fund analyst Moneyspider.com.

And corporate bonds are set to make a major comeback as shares in other sectors falter.

But it is Russia, with cheaper stocks and a more open market than China, that may well reward individual savings account (ISA) investors over the coming year, predicts Moneyspider.com's Tony Ahearne.

He said: "We anticipate that more of the smarter ISA money will be winging its way into funds like Neptune Russia and Greater Russia, but it should be remembered that these are higher risk funds and not for everyone.

"Investors in the commercial property market sector may well be looking for a more seductive option.

"Anyone still wondering whether it is worth hanging on to commercial property should, in our view, seize any opportunity they can to get out as soon as possible."


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