A fund managed by Morgan Stanley (MS) is nearing the purchase of a Moscow shopping mall in a...

|About: Morgan Stanley (MS)|By:, SA News Editor

A fund managed by Morgan Stanley (MS) is nearing the purchase of a Moscow shopping mall in a deal valued at more than $1B, reports Bloomberg. It would be the 2nd mall purchase by a Morgan fund this year as the company joins others trying to cash in on the booming consumer market.