U.S. fund managers warned this month of risks shareholders could face from current or future Western sanctions against Russia, underscoring the stakes for emerging-markets investors arising out of the turmoil in Ukraine.
Securities filings since April 4 outlined potential problems for funds including the $124.6 million ING Russia Fund , the $841.1 million SSgA Emerging Markets Fund and a number of iShares exchange-traded funds offered by BlackRock Inc.
An April 4 filing for the SSgA fund, for instance, noted that current or future sanctions by the U.S. or the European Union could result in the devaluation of…
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