Russia, China, S. Korea Have Most Attractive Equities: Citi

Citigroup Inc (NYSE:C) recently released the quarterly results for its GEMS (global emerging markets) model, and it is Overweight on Russia, China, South Korea (See Ben Graham And Joel Greenblatt Stocks In South Korea) and Taiwan even though the consensus is underweight on the three Asian countries and opinions are decidedly mixed on Russia. Poland has also moved up in the rankings to Overweight, and Turkey was determined to be overweight by the model but Citigroup analysts Markus Rosgen and Yue Hin Pong list it as Neutral nonetheless, overriding their model.

Russia strongest in country radar ranks

“The model continues to have a cyclical, pro-global growth...