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:

The Ministry of Economic Development is Changing Corporate Law
05.10.2018
The Purchase of Advertisements on Facebook for Russian Accounts will be Subject to a New VAT
20.12.2018
Bank of Russia Reduced the Share of Dollar Turnover in International Reserves
27.01.2019
Russian Railways Launches its Own Corporate Accelerator for High-tech Startups
04.09.2019
The Online Grocery Delivery Market Grew by 50% in Russia
05.03.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
traffic in Moscow  Moscow  Fashion  Stavropol Territory  Russian business  Peterhof  Rybinsk pie  Rock Paintings  Yekaterina Koneva  incident  Ilya Kabakov  Mercedes-Benz Fashion Week Russia  Festivals in Moscow  Vitaly Milonov  Vandalism  Russian tourism  Yevgeni Grishkovetz  pharmaceuticals in Russia  Unusual Monuments  Giles  New Medicines  South Stream  Russian Stage Directors  MERS   Russian souvenirs  Stem Cells  Tiger And Hills   March 8  Russan spacecrafts  Boris Nemtsov  travel to Russia  Konstantin Bogayevsky  Paralympic Winter Games  Mercedes-Benz Fashion Week   Ilya Lagutenko  Exhibitions in Moscow  Vladimir  Russian Cinema  St. Petersburg  Russian oil companies  Concerts in Moscow  Russian universities  Tomsk  Paleontology  international cooperation  Navalny  Russian regions  Milk Drink  Andrei Chokhov  Anatoly Efros 


Travel Blogs
Top Traveling Sites