Bamosz Investment Fund NAV Climbs to HUF 15.179 tln in February

Figures

Image by Shutterstock.com

Net asset value (NAV) of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) was a little over HUF 15.179 tln at the end of February, up 55% from 12 months earlier, association data show.

Assets in bond funds jumped 88pc to HUF 5.711 tln and NAV of property funds rose 17% to HUF 2.06 tln.

Assets in mixed funds rose 16% to HUF 1.947 tln and assets in funds of funds increased 21% to HUF 2.591 tln.

NAV of equities funds climbed 29% to HUF 933 bln.

Net subscription of units in Bamosz funds reached HUF 416 bln for the month.

MNB Business Confidence Index Slips in March MNB

MNB Business Confidence Index Slips in March

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

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.