Betting on Europe's Emerging Markets

Soeren Rytoft, a top strategist for Metzler/Payden Funds, points out that the expanded EU will outstrip the U.S. in GDP and population

As many equity markets across the globe swooned in March, Eastern Europe weathered the turbulence fairly well, says Soeren Rytoft, the lead strategist for European and international equity portfolios for Los Angeles-based Metzler/Payden Funds. Rytoft, who was born in Copenhagen and came to the U.S. in 2002, says some of the emerging markets in Eastern Europe, particularly Russia, have been performing better than the U.S. and mainland Europe thanks to surging oil and commodities prices.

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