Net outflow from funds investing in Russia for week amounts to $120 million

The net outflow of finances from funds investing in Russian assets and bonds amounted to $120 million, Report informs with reference to the BCS Global Markets report.

A week earlier, an inflow of $150 million was recorded.

“As a result of the week, emerging markets equity and bond funds posted the biggest outflows for the week in 2022, with selling mostly in bond funds. Fund flows across Russia are of little value for now, given the market is still closed,” the document says.