| Russia will launch a state-backed fund next week that will seek up to $50 billion in matching investments from sovereign wealth and private equity funds which control a pool of global capital of more than $2 trillion.
The Russian Direct Investment Fund (RDIF), to be rolled out at the June 16-18 St Petersburg International Economic Forum, is Moscow's most ambitious attempt to raise investment rates that fall far short of those in faster-growing China...............................................Full Article: Source
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