Assets in money market funds grew 0.7% to HUF 640 billion, while assets in bond funds fell 1.2% to HUF 1.161 tln, mainly due to withdrawals.
Assets in mixed funds edged up 0.2% to HUF 1.037 tln as the funds drew fresh investments of HUF 10.4 bln.
Assets in absolute-yield funds edged up 0.1% to HUF 1.076 tln as withdrawals came to HUF 3.5 bln.
Property funds drew fresh investments of HUF 30.5 bln in February. Assets in the funds grew 3.1% to HUF 1.126 tln.
Withdrawals from equity funds came to almost HUF 6.5 bln. Assets in these funds fell 3.8% to HUF 388 bln.
Withdrawals from capital-guaranteed funds amounted to HUF 347 million. Assets in these funds fell 3.5% to HUF 179 bln.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
