Assets in money market funds fell 1.5% to HUF 1.4 trillion. Assets in bond funds inched down 0.9% to HUF 1.304 trillion. Assets in mixed funds rose 2.6% to HUF 716 bln as the funds drew fresh investments of HUF 16.1 bln.
Share fund assets grew 2.5% to HUF 265 bln as the funds attracted fresh funds of HUF 3.6 bln. Assets in capital-guaranteed funds grew 1.4% to HUF 501 bln as the funds attracted fresh capital of HUF 12.5 bln. Assets in absolute-yield funds fell 1.6% to HUF 685 bln on withdrawals of HUF 12.6 bln. Property fund assets fell 1% to HUF 473 bln on withdrawals of HUF 6 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.
