More investment funds than ever before will be at the International Economic Forum in St. Petersburg on June 16-18. Funds from 18 countries with assets of more than $10 trillion will attend, according to Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev.

“Earlier, we said we had invited [investment] funds running over $8 trillion. However, funds with assets over $10 trillion – twice as much as the year ago – have confirmed attendance,” said Dmitriev, adding that 40 leading foreign investors controlling significant assets would come.

Dmitriev expects investors from Europe, the US, China, the UAE and Saudi Arabia to visit the forum.

“At the moment, 18 countries are listed – practically all of them belong to the key regions, having high investment value,” he said, stressing that the Russian market is not isolated as investors are interested.