Foreign funds have invested $ 355 mln into Russian stocks
During the previous week April 2-9, funds that specialize in investing to Russia attracted additional $ 164 mln. In total the inflow in global funds into Russian stocks amounted $ 355 mln ,- according to the EPFR Global. Inflow continues the third week consecutively.
Inflow was provided by funds, shares of which are traded on ETF exchange, which attracted $ 168 mln, while traditional funds suffered minor losses of $ 4 mln. Russia showed the next result after China, that managed to raise $ 169 mln,- according to Natalia Berezina, Uralsib Capital.
In general, emerging markets have shown good results, this week inflows into emerging market funds continued, reaching $ 2.9 bln. "Large influx was registered in South Africa - $ 244 mln, Turkey $ 54 mln and Poland $ 30 mln", - according to analysts of VTB Capital.
"Political risks and concerns about the economy have not gone away yet, and this in our opinion the cause of the continued volatility of trading on the Russian market" – N. Berezina.
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