ylliX - Online Advertising Network
Company Ticker News

More than £1bn of investor cash trapped in Russian stock market

More than £1bn of investor cash trapped in Russian stock market

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

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.

...read full article on Proactive Investors

ylliX - Online Advertising Network