Veteran emerging markets investor Mark Mobius said he remained interested in some Ukrainian stocks, after surprising gains in the market this year.
"My team and I continue to be interested in Ukrainian equities where we see opportunities on the individual company level," Mobius, chairman of Templeton Emerging Markets Group, said in a blog post.
Ukrainian stocks have risen nearly 20 percent this year even as the country has suffered political unrest, regime change and a stand-off with Russia.
Agricultural companies are among those favored by investors in this frontier stock market.
Ukrainian bonds have suffered a rollercoaster ride in recent weeks. Franklin Templeton is by far the largest institutional investor in the bonds, according to end-December filings.