Investors withdraw from Russia in 2008, $ 650 million

Net capital outflows from funds investing in Russian assets in 2008 amounted to about 630-650 million dollars. This is stated in the review of the investment company (IC), "Troika Dialog. Small inflows in the first quarter of 2008 as early as March gave way to a strong outflow, to around 528 million dollars. In June and July, the situation has corrected multiple renewal inflows, largely due to the strengthening of the ruble and higher oil prices. However, in August came a new wave of outflows in the third quarter of 2008, the attractiveness of different asset classes was assessed in different ways, according to a survey. The beginning of the September withdrawal of capital from global markets have pushed down prices for all, without exception, the assets and triggered an outflow of funds amounting to about $ 240 million, "Interfax".