Russian wealth and pension fund could aid mkts

MOSCOW (Reuters) - Russia is considering using money from its national wealth fund and pension fund in future to support financial markets where necessary, Finance Minister Alexei Kudrin said on Thursday.

"Now there are several proposals for the banking community to improve the instruments that would allow (markets) to calmly work in this environment," he told reporters.

"Among these proposals there is a proposal to place pension fund money and national wealth fund money on the domestic market. In future it will be possible if it becomes necessary," Kudrin said, adding the money would be placed in securities.