Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Capital Outflow Continues
8.12.2012 08:21

Russians funds lost $60 million over the past week, a trend continuing for nine straight weeks, says a report by a financial data centre.

      According to EPFR Global, low GDP growth rates forecasted at 3-3.5% have not impressed investors who have chosen to channel their funds into other GEM (Global Emerging Market) funds, with Chinese institutions drawing some $900 million.

      Russia has been an outsider among other emerging economies, says Sergey Suvorov, from Russian Standard Management Company.

      Vyacheslav Smolyaninov, a strategist expert at Uralsib Capital, thinks that Russia will become popular with investors in mid-2013, when national economy is expected to pick up steam.

      EPFR Global provides fund flows and asset allocation data to financial institutions around the world, delivering a complete picture of institutional and individual investor flows and fund manager allocations driving global markets.



Author: Mikhail Vesely

Tags: Russian economy Russian business capital outflow investment in Russia  

Next Previous

You might also find interesting:

Sberbank Opens Data Processing Centre In Skolkovo Innovation Centre
Financial Institutions onference
The Best Russian Private Banking
Aeroflot Will Increase Its Fleet
The Share Of Imported Products In Russian Stores Reached Its Historical Minimum

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Lokomotiv plane crash  Russian history  Eurasian Economic Space  Omsk  The International Siberian Cultural Tourism Forum  Sverdlovsk region  Russian Literature  Classified Documents  US sanctions  Bolotnaya case  Russian business  Russian Cinema  Flamenco  Exhibitions in Moscow  Isaak Levitan  Malina-Jazz   Joseph Kobzon  Russian airports  Russian Composers  Pavel Pogrebnyak  Painting  Aquarium Band  Public Awareness  Moscow  Russian trains  Crimea  Aleksey Mordashov  Russian economy  Russian oil companies  Samarskaya Luka  Mercedes-Benz Fashion Week Russia  Tyumen  CSKA Moscow   Archeological Finds  Russian tourism  Caricatures  protest actions  Norilsk Nickel  Russian culture  Transport Museums  Zaraisk   Russian ballet  Moscow weather  Baikonur  Gorky Park  astronomy  Books  Andrei Platonov  Archeology  International Firework Festival ROSTECH 

Travel Blogs
Top Traveling Sites