A customer shops at a grocery store owned by Russian retailer Magnit in the suburbs of Moscow in this file photo. Western fund managers have stockpiled shares in Russia’s largest food retailer, Magnit, betting that it will do better than other firms in Russia in the midst of trade restrictions stemming from the conflict in Ukraine. Many expect its Walmart-like focus on rural and suburban locations to protect sales even as the Russian economy slows. Magnit’s shares appeared in 257 mutual funds at mid-year, second-highest among big Russian companies after retail bank Sberbank, according to Thomson Reuters’ Lipper unit.SD-Agencies