Sovereign wealth funds likely to keep away from Russia, says researcher

Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, says researcher

Middle Eastern and Chinese sovereign wealth funds are likely to avoid new deals in Russia for now after its invasion of Ukraine, said the author of a report published on Wednesday that showed record investment last year by funds around the world.
 

Russia attracted the sixth-highest number of sovereign wealth deals from October 2020 to December 2021, according to the Sovereign Wealth Funds report, a collaboration between IE University's Center for the Governance of Change and ICEX-Invest in Spain.
 

Investors and companies have rushed to announce they are getting out of Russia, after the United States, the European Union and