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More than £1bn worth of investor cash is locked up in Russian stocks after a collection of investment funds blocked withdrawals from the chaotic Russian market. JPMorgan Chase & Co (NYSE:JPM), Danske Bank and Schroders PLC (LSE:SDR) are ampng groups that have suspended funds operating in Russia, after the country’s stock market closed on Monday having lost a third of its value in a day on the back of the country’s invasion of Ukraine.
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