ABU DHABI/WAM The National Media Authority (NMA) has launched a series of sessions as part …
Read More »Russia loses its edge as oil drop spurs low ETF flows
Bloomberg Sliding oil prices are eroding the buffers that helped Russia withstand the emerging-market retreat. Investors are pulling cash from the biggest exchange-traded fund tracking Russian assets at the fastest pace in almost a year. Redemptions from the VanEck Vectors Russia ETF, which invests in oil and gas companies including Gazprom PJSC, Rosneft PJSC and Lukoil PJSC, reached $88.9 million …
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