The News Craving
Published by
Reuters UK
Reuters UK
By Carolyn Cohn and Lawrence White LONDON (Reuters) – Russia said it was placing temporary curbs on foreigners seeking to exit Russian assets on Tuesday, putting the brakes on an accelerating investor exodus driven by crippling Western sanctions imposed over the invasion of Ukraine. Russian assets went into freefall on Tuesday with London-listed ishares MSCI Russia ETF falling 50% to hit a fresh record low and Russia’s biggest lender, Sberbank slumping 21% as investors raced for the exit. Major money managers, including hedge fund Man Group and British asset manager abrdn, have been cutting th…
