From Russia to Riches

Sergey Zamolotskikh, Russia Trading System Stock Exchange

Because of its energy and commodities boom, Russia is outperforming its peers on the Morgan Stanley Capital International (MSCI) emerging-markets index, a benchmark created to measure equity market performance in growth regions. Profits for Russian companies listed on the Moscow Interbank Currency Exchange (Micex)—one of Russia’s two stock exchanges—are expected to climb by 32 percent in 2011, surpassing the projected average of 24 percent.

In the catacombs of the Kremlin, Russia president

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