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Investment funds assets climb 5.7% to HUF 3,709bn in Q3

Assets in Hungarian investment funds grew 5.7pc to HUF 3,709bn at the end of the third quarter from three months earlier, the Hungarian Association of Investment Funds and Asset Managers (BAMOSz) said on Wednesday.

The funds drew HUF 125.9 billion in fresh capital in Q3. Yields added HUF 73.2 billion to assets.

Compared to the start of the year, assets were up 23.7% drawing HUF 525.7 billion in fresh capital and recording yields of HUF 185 billion.(MTI-ECONEWS)