NEWSWATCH: “Investors Starting to Show Interest in Russia Again: Credit Suisse.” – Reuters

File Photo of Outdoor Electronic Sign with Russian Exchange Data

Investors are starting to look at Russia again after cutting off exposure amid geopolitical tensions two years ago, the head of Credit Suisse’s $60 million Russian Equity Fund said.

There are no big inflows yet but a rebound in Russian stock markets in the past few months as the oil price and the rouble have picked up is encouraging interest …. The top holdings in the Swiss bank’s Russian Equity Fund include the country’s largest lender Sberbank (SBER.MM), retailers Magnit (MGNT.MM) and X5 (PJPq.L), oil producer Lukoil (LKOH.MM), the biggest search engine Yandex (YNDX.O) and the top mobile phone operator MTS (MTSS.MM).

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