Hermitage Capital Mngmnt, Hermitage Fund, Bill Browder - November 2004

Shareholder activism in Russia has historically been adistinctly dangerous pastime, but for investors in TheHermitage Fund and its manager William Browder, it hasproduced healthy returns. This profile looks at the fund's 990% returns since 1996, before Browder was barred from Russian in November 2005.

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