Where are the top contrarian plays in the market currently?

Pavel Laberko fund manager, emerging Europe equity, UBP IM   Russia The Russian equity market is coming back to life after a major political ‘black swan’, and investors are likely to be shifting their attention to the country’s economy. A quick look at the consensus GDP growth forecast may not be very exciting, but this measure is similar to the average body temperature across a hospital. Pockets of growth can be found, and they are still very reasonably priced. Two broad investment themes which are structurally bound to grow are domestic consumer spending, and infrastructure ...