A SUPPLEMENT TO EUROMONEY – APRIL 1997Russia’s equity market is opening up to a wider range of investors as an infrastructure emerges for its once shaky stock market. A year ago the market was dominated by New York-based hedge funds, dedicated Russia funds and high-net-worth individuals. Now, a variety of US pension funds, emerging-market mutual funds and index funds, European and US insurance companies, wealthy retirees and Russians are entering for the first time. Trading volumes have doubled, and share prices were up more than 60% in dollar terms in the first quarter of this year after a 130% gain last year. |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
