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English (Lux registered funds only)
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Russia's invasion of Ukraine has, in addition to the serious humanitarian consequences, led to very strong movements in the world’s capital markets. Over a week has now passed since the Russian stock exchange (MOEX) closed due to Russia's invasion of Ukraine. Overall, SEB Investment Management has limited exposure to the Russian market, and our intention is to sell those holdings as soon as market conditions allow. Nonetheless, there are a limited number of our funds that have direct holdings in the Russian market.