21.10.2008 - Russian SWF ready to invest in domestic stocks
From Forbes: Russia will let its sovereign wealth fund invest in domestic stocks as of Tuesday, a senior official said Monday, signaling the start of a pullout from foreign currency deposits and assets such as U.S. Treasuries. Russia earmarked $6.7 billion from its $49.0 billion National Wealth Fund to buy stocks on the domestic market, which has fallen 72 percent since its May peak...... Full Article: Source