RDIF AIF selection expected to be completed in two weeks

The Russian Direct Investment Fund (RDIF) is nearing the end of its selection process for alternative investment firms, with a decision expected within two weeks. This selection is crucial as it will determine which firms will manage the research fund's investments. The completion of this process will allow the RDIF to move forward with its investment strategy, allocating funds to the chosen firms. This development is significant for markets as it will provide clarity on the RDIF's investment plans and potentially impact the Russian economy's growth prospects.

Why it matters

The selection of alternative investment firms is a routine process. It may have some impact on the research fund but it is not significant enough to affect the overall market sentiment.

Market impact

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