Finding the hidden dragons in eastern Europe

Forget the Brics and the Asian Tigers – the beasts sitting on the largest hoards of treasure are to be found in eastern Europe, says Jonathan Compton.

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The big kid on the block is Poland: it's doing better than Thailand with around half the population

Crouching Tiger, Hidden Dragon was an enjoyably absurd American/Chinese/Hong Kong/Taiwanese co-production released at the turn of the century. The film was made for $17m, yet grossed more than $200m. It was the most successful foreign-language film in American history, garnering over 40 awards. It serves also as an investment metaphor that you need to avoid the crouching tigers and find the "hidden dragons".

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Jonathan Compton was MD at Bedlam Asset Management and has spent 30 years in fund management, stockbroking and corporate finance.