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Association: Investment fund assets up 0.3% in June

Analysis

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Assets in investment funds managed by the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) increased by 0.3%, reaching HUF 5,661.8 bln in June, while assets in money market funds were down by 0.3% to HUF 1,361.4 bln and assets in bond funds fell by 0.5% to HUF 1,275.2 bln, a release of monthly data by the association revealed on Friday. 

Data by the report suggest that since the start of the year, BAMOSZ membersʼ investment fund assets have risen by 3.5%, as money market fund assets fell 7.5%, bond funds grew 2.6%, mixed funds expanded by 24.1% and share funds increased 19.2%.

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