BAMOSZ: Investment fund assets edge up 0.2% in December
pixabay
Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose by 0.2% to HUF 5.721 trillion in December, BAMOSZ said yesterday.
Assets in money market funds rose 3.2% to HUF 1.307 tln on net investments of HUF 35.3 billion.
Assets in bond funds dropped 1.1% to HUF 1.315 tln as yields only partly offset investorsʼ withdrawals of HUF 14.2 bln.
Mixed fund assets rose 1.7% to HUF 766 bln as the funds attracted HUF 4.7 bln in fresh capital.
Investors withdrew HUF 1.8 bln from share funds, and assets in the funds fell 3.6% to HUF 268 bln.
Mixed fundsʼ assets dropped 0.6% to HUF 780 bln despite net unit purchases of HUF 2.4 bln.
Negative yields cut the assets of guaranteed funds by 4.1% to HUF 449 bln.
Absolute-yield funds attracted HUF 2.8 bln in fresh capital, but assets were unchanged at HUF 736 bln as negative yields weighed.
Investors put net HUF 20.4 bln into property funds in December, and, with moderate price gains, these fundsʼ assets rose 3.9% to HUF 556 bln.
Commodity market funds attracted some fresh money in December and their assets rose 1.4% to HUF 14 bln.
ADVERTISEMENT
Households Make Net Withdrawals in April
Parl't Approves Amendments to Legislation on Judiciary
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.
