What We See in Russia

Tim Steinle, co-manager of the U.S. Global Investors Eastern European Fund (EUROX), recently traveled on a research trip to Russia. In addition to attending a Renaissance Capital conference in Moscow, Tim visited the Krasnodar region—home to the 2014 Winter Olympic Games and the key Novorossiysk commercial port. Novorossiysk is the only commercial sea port in Russia that doesn’t freeze over in...