Russia’s Central Bank to simplify the structure of investment funds market
Business & Economy
September 12, 2016, 13:04
MOSCOW, September 12. /TASS/. Russia’s Central Bank is to simplify the structure of market of investment funds, the regulator said in a statement.
According to the instruction of the regulator, all investment funds will be divided in five categories. For non-qualified investors will be able to choose between two types of funds: market financial tools and real estate funds. Qualified investors will be able to choose between three types: financial instruments, real estate funds and combined funds.