Between February 7 and 13, international investors withdrew the maximum amount of funds from Russian equity funds since the beginning of the year - $81 million, Kommersant writes.

Non-residents began to withdraw funds amid high geopolitical risks and a general decline in the popularity of developing countries' assets due to the tightened rhetoric of the US Federal Reserve, as well as the European Central Bank. Thus, the withdrawal of $81 million is the worst result since the second half of December 2021.

A certain impact on the results of regional funds had a significant demand for US funds. Thus, according to EPFR, over the past week, the net inflow of funds into such funds exceeded $35 billion, although a week earlier this figure reached only $4.3 billion.

Experts said that now there is a flow of capital from the segment of growth stocks (high rates of increase in revenue and earnings) to value stocks (papers of companies with an established business), as the latter may be more resistant to higher interest rates.

At the end of October, the National Rating Agency (NRA) made a forecast for the outflow of funds from banks - in the next five years, Russians can withdraw several trillion rubles from deposits. Money is taken away to maintain the usual standard of living in a crisis, or alternative investments are resorted to.

bbabo.Net