Investors Flock to Russia ETF as Ukraine Tension Eases - Bloomberg:
"Investors betting on a rebound in Russian stocks are piling into the benchmark exchange-traded fund for the market at the fastest pace in six months.
They poured $183 million into the Market Vectors Russia ETF (RSX) in the eight days through Sept. 23, the longest streak of daily inflows since March, data compiled by Bloomberg show. The shares gained 2.3 percent to $23.98 yesterday, reducing their decline to 1.9 percent since President Vladimir Putin moved to annex the Black Sea peninsula of Crimea in late February.
The ETF and the Bloomberg Russia-US Equity Index rallied amid mounting speculation that Ukraine will reach a peace accord with rebels as a cease-fire entered its 20th day. NATO said on Sept. 22 that Russia, which denies involvement in the conflict, has embarked on a “significant” withdrawal of its forces from the former Soviet republic."
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