Economics

Russia's Beating the BRICS in 2015 on Turnaround Potential

Moscow City Skylines And Residential Property

Andrey Rudakov/Bloomberg
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Which country would you invest in: a fast-growing economic powerhouse with a world-beating stock market or a tottering former superpower embroiled in a proxy war and heading for a recession?

If at the start of 2015 you had chosen the second, Russia, you would be walking away with risk-adjusted returns surpassing that of the first, China, and also every other BRICS country, according to data compiled by Bloomberg.