The inflow of funds into assets of the Russian Federation totaled $339 million versus outflows the previous week
Investors for the week ended 21 February, have invested in funds focused on Russian assets (the share of Russia from all regions of the world in investment funds), 339 million dollars against outflow at 94.5 million a week earlier, according to a review of the company “Sberbank CIB”.
“Sberbank CIB” provides data organization, which tracks the inflow and outflow of funds in investment funds and distribution of funds — Emerging Portfolio Fund Research (EPFR).
“Russia has seen the second highest inflow of funds among the countries BRIXT at 339 million dollars. This coincided with the increase in the MSCI Russia index by 4.3% and increase of RTS 3.7%”, – stated in the review of the strategy of the company AXONE Cole and Andrei Kuznetsov. Funds that specialize solely in the Russian market (Russia-dedicated funds), ended the week with an inflow of 125 million dollars, which is the biggest indicator of the flow with January 17, when it amounted to 208 million dollars.
Through the global emerging market funds (GEM) was attracted by 161 million dollars. Passive funds of the Russian Federation has fixed for the last week inflow of $ 190 million, and the active funds said the inflow of funds in the amount of 149 million dollars. With the beginning of 2018, the total inflow of funds in Russia amounted to thus $ 1.6 billion, and in Russia-dedicated funds attracted $ 450 million.
In the developing region recorded net inflow of funds in the amount of $ 5 billion. Global emerging market funds (GEM) attracted $ 3.5 billion against inflows of $ 450 million a week earlier. The inflow of funds in Brazil for the past week amounted to 611 million dollars, India – 379 million dollars, China – $ 1.5 billion.
“We expect greater volatility in domestic and global demand this year than in recent years, what we talked about in our recent review. Needless to say, it will be noticeable in the data on investment and price dynamics. Over the past two weeks the V-shaped decline and recovery in global markets associated with this,” the report says.