Russia funds lead the BRIC pack

By Ivan Anderzhanov

Equity funds focused on Russia attracted $108m in the week to June 9, the second positive week of inflows, according to fund tracker EPFR Global.

Total AUMs for the Russian funds in the weekly survey were some $10.4 bn, meaning inflows totaled some 1.0% of AUMs for the week.

This led the pack among BRIC countries with Chinese funds posting inflows of some $140m, or 0.2% of AUMs.  Brazilian funds lost $71m (-0.4%), while Indian funds added $48m (+0.2%). EMEA funds overall saw inflows of $30m, or 0.1% of AUMs.

Year-to-date, Russian funds have managed cumulative inflows of some $1,872m or 18.2% of average AUMs over the period. This is well ahead of India, Brazil and China.

By Ivan Anderzhanov Equity funds focused on Russia attracted $108m in the week to June 9, the second positive week of inflows, according to fund tracker EPFR Global. Total AUMs for the Russian funds in the weekly survey were some $10.4 bn, meaning inflows totaled some 1.0% of AUMs for the week. This ...