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 California Public Employees  Retirement System ( CalPERS ), one of the largest pension funds in the USA, having USD182 billion assets, included Russia into the list of countries where investments in the state liabilities are permitted. Statute of the fund allows investments in state assets of the countries with credit rating at  BB-   level or higher given by the three agencies  Moody s ,   Standard & Poor s  and  Fitch .
   

   
   

 
USA pension funds start to invest in Russia

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"Gorodissky & Partners"
B. Spasskaya Str., 25, stroenie 3, Moscow 129090, Russia
Phone: 7 (495) 937 6116 / 6109 Fax: 7 (495) 937 6104 / 6123
E-mail: pat@gorodissky.ru, http://www.gorodissky.com