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Risks of rushing back to Russia

FT.com

Oil prices are on the rise and suddenly it’s time to make sure you’re on the investment train to Russia again. And, despite a continued perception of higher risks associated with investing in the country, the early birds are already there, as a report in Monday’s FTfm explains.

While emerging market funds in general have seen big net outflows this year, according to EPFR, a global fund flow data provider, fund flows into Russia have been picking up. Russia-focused funds have gathered a total of $1.22bn in the year to date, against outflows of $2bn for China and $980m for India in the same period, EPFR data show.