4th October, 2021
Russian President Vladimir Putin’s decision to limit the spending of his country’s US$190 billion sovereign wealth fund, the National Wealth Fund (NWF), could help resolve uncertainty over its mandate and direction – although already announced big NWF-financed projects ahead of the 2024 presidential election are likely to go ahead.
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4th June, 2021
Russia’s decision to ditch the US$ from the holdings of the National Welfare Fund (NWF) and switch to other currencies reflects geopolitical dynamics as the Putin administration responds to US-led threats of sanctions – but threatens to expose the portfolio to higher levels of risk.
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