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Americans in no hurry to invest in Russia

Members of a delegation of major U.S. investors from the Russell 20-20 Association visiting Russia this week said that they were favorably impressed with the progress of economic reforms, but are still not ready to invest their funds in the Russian economy, "Kommersant-Daily" and "Vedomosti" reported on 15 May. The group -- which together manages $8 trillion in assets -- stressed that Russia is still crippled by poor corporate management, a weak banking system, and an underdeveloped fund market.

(RFE/RL 17.v.02)

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