The inflow of funds in Russian assets for a week accelerated to $ 84.1 million - EPFR
Investors in the week 1 to 7 September attracted funds focused on Russian assets (share of the Russian Federation from all regions of the world in investment funds), compared to $ 84.1 million inflow to $ 29 million a week earlier, according to a company review "Sberbank SBER CIB".
The company says these organizations, which tracks the inflow and outflow of funds into investment funds and the allocation of funds - Emerging Portfolio Fund Research (EPFR).
Funds focused only on the RF (Russia-dedicated funds), gained for the week of 4.4 million dollars. A week earlier, the outflow amounted to $ 5 million. The inflow of funds in the RF active funds for the week amounted to 37.7 million dollars, passive funds received 46.4 million dollars. A week earlier, the active RF funds for the week gained $ 17 million, passive - $ 12 million.
"Ministry of Finance proposal to require public companies to pay 50% of the net profit according to IFRS in the form of dividends and talk of coordinated action to limit the production (of oil - Ed.) between Russia, Saudi Arabia and other OPEC members have been the driving force of the market", - said in a statement.
The inflow of funds into emerging markets in total for the week jumped from 455 million dollars to 1.8 billion dollars.