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

Foreign Investors Dominate Russia's Stock Market
3.02.2014 11:35
Foreign Investors Dominate Russia's Stock Market
Photo Credit: http://runews24.ru

More than 70 percent of free floating Russian shares are controlled by foreign investors, says a report by Sberbank CIB.

      The figures reflect Russians’ doubts and concerns over the stock market, especially after the 2008 financial meltdown.

      Foreign players with the biggest investments in Russia include Norwegian Government Pension Fund (more than $5 billion), Vanguard Emerging Markets Stock Index Fund ($4.7 billion), and Oppenheimer Funds, with just under $3 billion.

      According to analysts, the national stock market is underdeveloped and there are high risks of a sudden capital flight that could precipitate a crash.

      Sberbank CIB is an investment division of Sberbank, Russia’s largest lender. On January 23, 2012, Sberbank and Troika Dialog announced the closure of the deal for Sberbank’s acquisition of 100 percent of Troika Dialog’s equity capital. As a result of the subsequent integration, the Corporate & Investment Business was created, which has been operating under the Sberbank CIB brand since October 8, 2012. Sberbank CIB provides services for over 3,000 companies, including the corporate sector, financial institutions and state agencies. The volume of the loan portfolio for largest clients is 20.5 percent of the corporate loan market in Russia. 




Author: Mikhail Vesely

Tags: Moscow Stock Exchange Russian stock market    

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Active Travel  Krasnodar region  Communists   Russian business  Natalia Osipova  Russian Arts and Crafts  Arctic  Russian scientists  Cultural Venues of Moscow  St. Petersburg  History Museums  Russian oligarchs  Exhibitions in Tver  Russian athletes  Egypt  Russian tennis  Russian science  Russian economy  Russian gas  Subsidies  cinema industry  Mercedes-Benz Fashion Week Russia  Russian tourism  Orthodoxy  the Crimea  Karachay-Cherkessia  Exhibitions in Moscow  Boris Grebenshchikov  Russian churches  VTB  Russian Cinema  LUKoil   Kolomenskoye Museum Estate  Musicals in Moscow  LHC  Russian universities  Moscow  Russian women  National Russian Drinks  Rocket and Space Corporation Energia  Kotlas   Fyodor Shalyapin  SPIEF 2014  invest  Boris Khlebnikov  Hot Cool Yours  Alice Krylova  Stay Home Online Events  Exhibitions in St. Petersburg  Aeroflot 


Travel Blogs
Top Traveling Sites