BAMOSZ investment funds grow 1%

Telco

Investment fund assets managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) experienced a rise of 1% reaching HUF 5.418 trillion in September month-on-month, BAMOSZ reported today.

According to BAMOSZ's publication, bond and mixed funds attracted the most fresh capital during the month. Investors in money market funds were net sellers.

Hungarian news agency MTI reported that assets in bond funds rose 3.5% to HUF 1,194 bln, while net sales of units came close to HUF 40 bln. Mixed fund assets climbed 5% to HUF 563 bln, lifted by net sales of HUF 30.5 bln. Money market fund assets dropped 2.3% to HUF 1,526 bln. Assets in property funds reached HUF 461 bln at the end of the month.

 

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

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.