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Brunswick AM - May 2004

Vadim Degtiarev of Brunswick AM explains the thinking behind the firm's Russian Directional Fund, which was launched into a yawning bear in 1998

Launched in March 1998 four months before the Russian market collapse, the Brunswick Russian Directional Fund, faced an aggressive Russian bear almost from day one.

It weathered that formidable storm and now, according to the fund’s management, is in a market with good long-term opportunities.

The fund is managed by Russian Vadim Degtiarev who joined Brunswick Asset Management in 1997, coming from

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