What Can ETFs Do About Frozen Russian Assets?
The freezing out of Russian stocks from several indexes and exchanges poses some challenges for U.S. ETF issuers with Russian holdings.
Recent
Russia’s ‘Uninvestable’ Stocks Cut by MSCI, FTSE Russell
(Bloomberg) - MSCI Inc.
Russian Oil & Gas Giants Lose 95% of Their Market Cap On London Exchange
Russian oil and gas giants listed on the London Stock Exchange have seen their shares crashing after Putin invaded Ukraine last week.
World’s Biggest Russia ETF Shuts to New Cash After Losses Deepen
The biggest exchange-traded fund investing in Russia will suspend share creations from Thursday, becoming the latest to effectively halt inflows.
Russia Seeks to Halt Investor Stampede as Sanctions Hammer Economy
Russia said on Tuesday it was placing temporary curbs on foreigners seeking to exit Russian assets, putting the brakes on investor exodus.
Goldman Says Demand Destruction Only Thing That Can Restrain Oil
Western sanctions will tighten significantly after the announcement that some Russian banks will be banned from SWIFT international payment system.
