Print Capital outflows from funds investing in the Russian stock market, made from 11 to 17 December of the order of $ 381.6 million against an outflow of $ 125.7 million the previous week, said Emerging Portfolio Fund Research (EPFR).
The outflow of capital from the stock market of Russia grows
According to Sberbank Investment Research, in the last year the funds taken out of Russia about $ 2.6 billion.
Most of all funds derived funds GEM (Global Funds investing in Emerging Markets, Global Emerging Markets) – $ 193 million, as well as country funds focused on Russia, – $ 122.5 million. The outflow of capital began a week earlier, reflecting the mood of investors towards funds focused on Russia and emerging markets.
The total capital outflows from emerging market funds increased during the week to $ 6.8 billion. Thus, the outflow of funds is the fifth week in a row, and this outflow is accelerated. Over the past year, investors have withdrawn from developing countries $ 23.4 billion.
Russia does not look so bad, since none of the BRICS showed no capital inflow for the week: Brazil, Turkey and South Africa have received more significant outflow than Russia. From the funds of the Chinese investors withdrew $ 2.5 billion.
No comments:
Post a Comment