Happy to market itself when things are going well, the fund management community clams up when events turn against it. Although China is the dominant force in most emerging market portfolios, some funds have double-digit or near double-digit exposure to Russia. While some have reduced exposure or shorted the Russian market (bet on it falling), the shortterm performance numbers do not make for pleasant reading. For example, Liontrust runs a Russian fund. 'JPMorgan Asset Management declines to comment,' was the response when I enquired about fund JPMorgan Russian Securities.

Source: Daily Mail March 05, 2022 23:31 UTC