Russian funds attract $125m in weekly flows

By Marcus Williams

Equity funds focussed on Russia attracted $125m in the week to June 23 in their third consecutive week of positive flows.

Fund trackers EPFR Global said the country’s net inflow totaled $2.05bn, more than in all of 2009.

Investor sentiment towards EMEA remains positive as most regional funds saw inflows last week. In BRIC land, inflows to China fell from the previous week’s $409m to $162m. Indian funds though received just $2 m while Brazilian funds posted outflows of $255m.

By Marcus Williams Equity funds focussed on Russia attracted $125m in the week to June 23 in their third consecutive week of positive flows. Fund trackers EPFR Global said the country’s net inflow totaled $2.05bn, more than in all of 2009. Investor sentiment towards EMEA remains positive as most regional funds saw inflows last week. In BRIC ...