International investors have increased by 10 times the volume of investments in the Russian Federation – Century – Daily Newspaper

International investors have increased by 10 times the volume of investments in the Russian Federation – Century – Daily Newspaper

Posted 20/02/2015 22:58. Edited 20.02.2015 23:00

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During the week ending February 18, the flow of funds through active and passive funds in Russia amounted to $ 282.6 million, from the data EPFR, which refers to “Kommersant”. A week earlier, the volume of attracted investments in Russian stocks was only $ 26 million. It is specified that such a rapid growth in investment cash flow provided by the Global Emerging Markets – ruble assets are included in their structure. From EPFR data shows that this category of funds invested in Russia $ 291.3 million.

At the same time, investor interest in developing countries in general extinguished – if a week earlier inflows of funds was $ 1, 35 billion, which was the highest since September 2014, that this time they were able to attract only $ 749 million.

The popularity of the Russian market is growing steadily for several factors. One is the quotes in the oil market, which grew continuously for three weeks. So, this week the price of the reference brand Brent, which is calculated based on the value of Russian oil Urals, for the first two months rose above $ 60 a barrel. In this case, for the period from Friday to Tuesday, when the period ended tracked EPFR, its price on the spot market rose from $ 59.8 to $ 61.9 per barrel, the newspaper notes. As a result, since the beginning of the week the price of oil rose by 1%, and for three weeks, oil prices increased by 30%. Increases its value in connection with the hopes of reducing production: American oil companies have reported reducing the number of drilling rigs and European companies to reduce the costs of its production.

The attractiveness of ruble assets and provide new Minsk agreement that had been reached leaders of Russia, Ukraine, France and Germany last week. Managing Director of IG “Trinfiko” Yegor Krotkov shared with the publication of the opinion that the outcome of the Minsk agreements managed to reduce geopolitical tensions around the south-eastern part of Ukraine, together with the stabilization of the oil market it produced a positive effect on the value of the ruble assets.