Outflows from Russia unlikely to benefit Asian markets

A growing list of corporates and investors have committed to pulling their investments from Russia, leaving observers to ponder where the outstanding funds will flow.

Pressured to take a stance against Russia’s invasion of Ukraine last month, corporates and fund managers have stated their intention to pull investments from the market, with index providers, FTSE Russell and MSCI announcing last week that they would remove Russian stocks from their emerging market indexes.

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