Foreign investors massively withdraw their assets from Russia.
Foreign investors from February to June 2017 brought about $ 1.6 billion from funds focused on Russian stock market.
This figure is the highest outflow funds over the last 3.5 years.
“The data Emerging Portfolio Fund Research (EPFR) show that foreign investors continue to reduce investment in funds oriented to the Russian stock market. According to estimates based on data from “Renaissance Capital”, the amount of funds withdrawn from such funds in the week ending June 28, exceeded $83 million Almost continuous outflow of foreign investments from the Russian market proceeds from the end of February. In General, over the four months it exceeded $1.6 billion”, – the newspaper writes.
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