BAMOSZ: Investment fund assets rise 1.5% in March
Assets in funds managed by the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose 1.5% to HUF 5.659 trillion in March from the previous month, BAMOSZ said yesterday, according to Hungarian news agency MTI.
Assets in money market funds fell 2.9% on HUF 40 bln of redemptions. Assets in bond funds rose 0.6% and assets in mixed funds climbed 1%.
Share fund assets were up 6.9% on yields. Assets in guaranteed funds dropped 1.3%.
Derivative fund assets increased 31%, drawing in HUF 24 bln of fresh capital. Property market fund assets were up 3.7%.
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