| Kazakh sovereign wealth fund Samruk Kazyna's net income grew in 2015 but is forecast to nosedive this year, trailing low oil prices and weakening demand in major trading partners Russia and China, the company said on Monday.
Samruk's net income increased by 30 percent to 304.8 billion tenge ($913.78 million) last year, due mainly "to the positive effect of exchange rate differences", the fund said, referring to the sharp devaluation of the tenge in 2015. The fund's net income is expected to fall sharply to 100.8 billion tenge this year...............................................Full Article: Source
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