Russia foreign investors unfazed by rows with West
BP Alaska president blasts state business climateThey say any repeat of the YUKOS affair, perhaps in another sector, would worry foreign players - but they largely shrug off reported human rights worries..
Analysts say a political row between Russia and Britain over the radioactive poisoning of dissident Alexander Litvinenko - with Russia refusing to extradite the chief suspect and his family accusing the state of murder - had no impact on investment flows.
Britain-based investors continued to put money into a range of Russian assets, while Russian money including from the country's rapidly growing oil-fuelled sovereign wealth fund continued to flow to the West.
Russia's sovereign wealth fund is estimated to be the second largest in the world after China's, while last month the number of Russian firms listed on the London stock exchange passed 100.
"They're obviously not appealing headlines but at the same time they seem to be the continuation of a trend and they don't change the overall picture as such," said Standard Life 's Hepner. "Although obviously if they become more frequent that is a worry."
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