A well-respected fund manager tackles the rebirth of Russia's economy and what it means for the global markets In the last 15 years, Russia has become a bigger part of the global economy and its free market society has attracted widespread investment interest. Out of the Red is an inside look at what is happening in this country today. With this book, author John Connor, a leading authority on Russian markets, focuses on a number of industries, including steel/metals, oil and gas, auto, real estate, banking, and retail, and offers both an industry overview and history, as well as advice on how to invest in these areas. And while Connor does believe that investing in Russia is a smart idea, today there are at least 60 viable companies that he would recommend, he also warns that there are also currency, oil, and political risks that must be taken into consideration before making a move in this market. John T. Connor (New York, NY) is the founder and portfolio manager of the Third Millennium Russia Fund, a U.S. SEC-registered mutual fund specializing in the equities of Russian public companies. In August 2003 and 2006, he was ranked the number-one portfolio manager in the United States by the annual Barron's/Value Line survey. In December 2004, the Wall Street Journal ranked him as the fifth best overall fund manager in the United States.