Pressured to take a stance in opposition to Russia’s invasion of Ukraine final month, corporates and fund managers have acknowledged their intention to tug investments from the market, with index suppliers, FTSE Russell and MSCI saying final week that they’d take away Russian shares from their rising market indexes
Whereas Asia may appear a horny vacation spot for this newly out there capital, nobody nation within the area is prone to profit considerably, a minimum of within the quick crew, consultants consider
Russia’s expulsion from the indexes is unlikely to have a significant impression on flows from passive funds monitoring MSCI and FTSE Russell, due to Russia’s small illustration…
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