BAMOSZ investment fund assets edge up to HUF 5.708 tln

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Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) edged up 0.8% to HUF 5.708 trillion in November from the previous month, BAMOSZ said yesterday.

Assets in bond funds rose 6.9% to HUF 1.331 tln, while money market fund assets dropped 7% to HUF 1.267 tln. The changes reflected the re-categorization of a single money market fund as a bond fund, BAMOSZ noted.

Assets in mixed funds were up 2.5% at HUF 785 billion.

Share fund assets increased 3.5% to HUF 278 bln.

Property fund assets grew 3.3% to HUF 535 bln.

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