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Net Outflow from Investing Funds in Russia Amounted to $ 20 Million per Week
17.07.2020 11:21
Net Outflow from Investing Funds in Russia  Amounted to $ 20 Million per Week

Over the week of July 15, investors withdrew $ 20 million from funds investing in Russian assets and bonds, BCS Global Markets calculated. A week earlier, the outflow was at the same level.

      BCS Global Markets cites data from Emerging Portfolio Fund Research (EPFR), which tracks the inflow and outflow of funds into investment funds and the distribution of funds.

      The outflow from funds specializing in the Russian market amounted to $ 30 million against $ 70 million a week earlier. “The total outflows from funds oriented to Russia continued for the fifth week in a row. GEM funds (global funds investing in emerging markets) lost another $ 768 million, showing outflows for the third week in a row," the review states.

      According to EPFR, international investors are actively increasing investments in the most risky asset class - stocks. For the month of June 17, the volume of such investments exceeded $ 17 billion, this is the maximum since the beginning of the year. However, high demand among professionals is mainly in shares of American and European companies.

Author: Anna Dorozhkina

Tags: Russian economy     

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