Undervalued Russian companies offer value

Despite the recent upheavals on the Russian markets there are still good investment opportunities, believes ParusKreml Capital, a Russian-German company owned by fund managers and German private bank MM Warburg & Co, manager of the Russian-based Sokol Russian Equity Opportunity Fund.

ParusKreml, an asset manager that invests in undervalued stocks from the Russian small-cap universe, believes the time is ripe for investors to enter the Russian market.

Despite unprecedented upheavals on the Russian