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How Schroders, Fidelity, and more overhauled their funds after Russia’s invasion

Side pockets have allowed funds to ringfence hard-to-sell assets from other investments, and are still having an impact one year on from the outbreak of war

How Schroders, Fidelity, and more overhauled their funds after Russia’s invasion
Photo: Getty Images

When Russia began its invasion of Ukraine on 24 February last year, asset management executives were among the first to condemn the move.

Many vowed that their firms would offload holdings in Russian companies.

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