As of mid-2023, foreign investors’ assets in Russian broker accounts exceeded ₽1 trillion. They grew by 23% in the second quarter alone. writes about this “Kommersant” According to data from the Central Bank of the Russian Federation.
The most active growth was observed in the accounts of legal entities registered in offshore companies. These jurisdictions are used to interact with remaining foreign partners. The interest of investment funds from friendly countries in the Russian market has also increased. They are willing to take risks to make profits on undervalued assets, the release notes.
At the end of the quarter, there was a noticeable increase in the assets of clients from domestic overseas countries such as SAR and external countries such as Panama and the Marshall Islands. Experts interviewed by the publication note that the choice of such jurisdictions is determined by the legal protection of assets and tax advantages. However, priorities may change depending on the geopolitical situation.
At the end of August, foreign investors to continueSell Russian bonds.
Previously in Russia softened Conditions for paying dividends to foreigners.