The Russian stock market was the most attractive of the BRIC countries in the first half of January.
According to Emerging Portfolio Fund Research, only during the last week, $245m was invested in overseas funds in Russia or the CIS - the highest amount since last autumn and the second-highest since May 2008, when Russian stock indexes reached a historical maximum.
Over the same period, $107m was invested in the Indian stock market, and $37m in Brazil's. $290m left the Chinese stock market.
A source at UFG Wealth Management commented that Russia is benefiting from its relatively low level of external debt and the healthy state of internal finance, compared to other BRIC nations.
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