Soros’ partner calls to invest billions in Russia

Soros’ partner calls to invest billions in Russia

The US investor Jim Rogers has called the Russian market to be underestimated and advised to purchase Russian assets. Before that, former partner of the billionaire George Soros pessimistically treated the Russian market.

However, for the latest years he has changed his mind: now Rogers actively buys roubles and Russian securities. Rogers noted that Russia possesses enormous natural resources and low government debt. He also stakes on the fact that under Donald Trump relations between Moscow and Washington will be improving. 'You're going to see the rest of the world remove sanctions,' he claimed.

Rogers has also optimistically estimated prospects of the Asian markets for the nearest 10-20 years.

As Pravda.Ru reported, the Bloomberg put Russia on the list of most attractive countries for investors. While the IMF reported about Russian economy's successful overriding double shock of decreasing oil prices and sanctions and its signs of recovery.