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Friday, 3 February 2017

Investors warm to Russian assets

Investors warm to Russian assets:

"Investors have warmed to Russian assets, welcoming the country in from the cold.

Russian bond funds counted record inflows in the week to February 1 as higher crude prices and improving relations with the US prompt an investor rotation back into the country.

Emerging markets more broadly have found renewed investor appetite as the dollar has fallen to an 11-week low. More than $1bn flowed into emerging market fixed income and equity portfolios in the past week, the EPFR data showed."

'via Blog this'