Acadian’s Quants Tag Russia’s Micex as Top Equity Pick
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Acadian Asset Management LLC, the $70 billion money manager that employs computer-driven models to pick investments, is loading up on Russian stocks.
After plunging to the bottom of Acadian’s list of 23 emerging equity markets in mid-March amid President Vladimir Putin’s takeover of Crimea, Russia is now the most attractive developing-nation for the Boston-based investment adviser.