Funds investing in Russia lose money

Cumulative cash outflow from the funds investing in the Russian assets (in all regions of the world) made $91.9 million in a week from November 12 to November 18, 2015, according to a report of Emerging Portfolio Fund Research (EPFR), the organization that provides fund flow and asset allocation data, Russian economic news agency Prime reported.

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A week earlier outflow of $40.7 million was recorded, according to the report.

Read alsoCapital outflow from Russia exceeds $50 blnThe funds focused only on Russian stocks lost $47.9 million whereas following the results of the last week outflow made $15.8 million.

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