Net inflow into funds investing in Russia for the week amounted to $120 million

by time news

Net inflows to funds investing in Russian assets amounted to $120 million for the week ended January 12, according to BCS Global Markets. A week earlier, the inflow was $80 million.

BCS Global Markets provides data from an organization that tracks the inflow and outflow of funds to investment funds and the distribution of funds, Emerging Portfolio Fund Research (EPFR).

“Russian assets received a net inflow of $120 million for the week from equity and bond funds, compared with an inflow of $80 million a week earlier, which is the second best week since the first quarter of 2021,” the review says.

According to Kommersant’s estimate, in 2021, the net inflow of foreign investment in Russian shares amounted to more than $1.5 billion – the first positive result since 2016. In 2022, inflows may resume, which will be facilitated by the undervaluation of ruble assets and the reduction of geopolitical risks.

More details – in the publication “Kommersant” “Russia has lost investment.”

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