13 Sep 2013 12:54

Capital outflow from funds investing in Russian stocks $298 mln in week

MOSCOW. Sept 13 (Interfax) - Capital outflow from funds investing in Russian stocks continued in the week of August 29 to September 4, totaling $235 million, compared to $298 million the week before, according to Emerging Portfolio Fund Research (EPFR) data.

Capital has now been flowing out of these funds for the seventh week running.

From the beginning of this year to September 11, total outflow from funds investing in Russian stocks was $2.566 billion.

Capital outflow from Russia-focused funds in the two week period August 29-September 11 was the highest for two years.