Robin Geffen: the next Anthony Bolton?

Often tipped as the "next Anthony Bolton", fund manager Robin Geffen believes it's not too late to benefit from the Russian revival and is a big fan of consumer stocks.

The Russian market is back in favour. After falling 67% in the nine months to March, it's since rallied 80% as global risk appetite has increased and the oil price has rebounded. Whether this recovery is permanent is another matter. But if it is, the Neptune Russia and Great Russia Fund, managed by Robin Geffen, is one of the best ways to play it.

Often tipped as the "next Anthony Bolton", Geffen puts his own capital on the line, investing in the fund himself. A graduate from Keble College, Oxford, he believes it's not too late to benefit from the Russian revival. He cites stocks such as oil giant Gazprom, which trades on a "ridiculously cheap" 3.5 times earnings. The energy group is his fund's biggest holding, accounting for 10% of assets. With oil north of $55 a barrel, "the rally looks solid and there is renewed confidence in the Russian consumer".

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Swipe to scroll horizontally
Gazprom ADR11.3
Norlisk Nickel ADR8.63
Wimm-Bill-Dann Foods ADR8.14
Polyus Gold ADR7.85
Lukoil ADR (UK listed)6.39
Rosneft Oil GDR6.01
Surgutneftegaz ADR (US listed)5.27
Uralkali5.21
Mobile Telesystems ADR5.01
Vimpel-Communications ADR4.01
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.