BAMOSZ investment fund assets edge up to HUF 5.708 tln

pixabay
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.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.