UN envoy slams anti-Russian sanctions imposed over North KoreaRussian Politics & Diplomacy August 23, 21:29
Criminal case over Ukraine's map without Crimea and Donbass opened in KievWorld August 23, 21:17
Netanyahu says every encounter with Putin benefits Israel’s securityWorld August 23, 19:15
Netanyahu determined to prevent Iran from strengthening positions in SyriaWorld August 23, 18:21
Russia's military might on display at Army-2017 forumMilitary & Defense August 23, 18:20
Russian defense minister examines weapons seized from terrorists in SyriaMilitary & Defense August 23, 18:12
Grand Russian art exhibition to be held in Vatican in 2018Society & Culture August 23, 17:47
Argentinian footballer Emiliano Rigoni signs contract with Russia’s Zenit FCSport August 23, 17:36
German chancellor suggests exerting diplomatic pressure on North KoreaWorld August 23, 17:01
MOSCOW, June 10. /ITAR-TASS/. Templeton Emerging Markets Group, which belongs to businessman Mark Mobius, will not further sell shares in Russian companies because of the Ukrainian crisis, Mobius said in an interview with Bloomberg on Tuesday.
The group earlier sold its entire stake in Russia’s largest lender Sberbank, cut stakes in diamond mining giant Alrosa and oil company Lukoil.
The fear of investors that Western sanctions will seriously damage operations with Russian companies on the global market is exaggerated, Mobius said.
Mobius also said it expects a significant growth of developing markets capitalization, and sees a number of undervalued companies with promising growth prospects in Russia.