FIA F1 top management reshuffle unlikely to affect Russia’s Sochi GP — expertSport January 24, 20:42
Russia hopes for constructive work with Trump's administration at G20Business & Economy January 24, 20:29
Everything you need to know about Oscars 2017 nominationsSociety & Culture January 24, 19:57
Konchalovsky glad his film Paradise is absent from list of Oscar nomineesSociety & Culture January 24, 18:55
Russian meteorology service reports 2016 is record warm year in ArcticBusiness & Economy January 24, 18:22
Russian chief negotiator comments on outcome of Syria peace talks in AstanaRussian Politics & Diplomacy January 24, 18:11
Legendary Isinbayeva blasts recent German film on alleged doping in Russian athleticsSport January 24, 18:07
Russian senator says Astana meeting on settling Syrian crisis proves successfulRussian Politics & Diplomacy January 24, 17:55
Russian State Duma speaker hopes PACE will confirm its pan-European status under AgramuntRussian Politics & Diplomacy January 24, 17:14
MOSCOW, July 5 (Itar-Tass) - A capital inflow of $69 mln into funds investing in the Russian stock market was reported for the period from June 27 to July 3 after an outflow of $285 mln a week earlier, Emerging Portfolio Fund Research said.
It is the first inflow to the Russian market after five weeks of the outflow. The last inflow into funds investing in Russia was reported last May, when $476 million came into Russia in three weeks, a record volume since April 2011. However, on May 22, all the developing markets turned out to be under pressure in connection with the U.S. monetary policy plans.
Despite last week’s positive trend, the outflow of capital from the Russian stock market through investment funds has amounted to $1.754 billion since the beginning of the year, or 12.63 percent of the funds.
According to Uralsib Capital, the inflow was ensured mainly by ETFs that attracted $100 mln, while traditional funds lost $32 mln. Besides, experts believe that the inflow of capital to the Russian market may be explained by the political tension in the Middle East that ensures support for oil prices and indirectly for Russian shares. Uralsib Capital analysts see signs of the conclusion of the asset selloff on developing markets.
Exchange Traded Funds (ETF) are funds shares in which are traded on a stock exchange. However, as compared to share investment funds, all operations may be conducted with ETF shares, and their prices change depending on activity of traders during a session. ETFs in recent years attracted more money as compared to traditional funds.