icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
18 Mar, 2008 15:36

Russian boom attracts overseas investors

Russia is becoming one of the most attractive emerging economies for investors, the Wall Street Journal has reported. It said new money has continued to flow into Russia-focused equity funds for the ninth week out of ten.

The paper was comparing Russia with the rest of so-called BRIC countries: Brazil, India and China.

It said that despite more than $US 6 billion of withdrawals from market funds in these countries, Russia continued to receive investments.

Commenting on the article, Chris Weafer, chief strategist at the Uralsib Financial Corporation, said that it showed investors are more enthusiastic about Russia.

Podcasts
0:00
23:13
0:00
25:0