BAMOSZ investment funds grow 1.8% in October

Telco

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose by 1.8% from a month earlier to HUF 5.518 trillion in October, BAMOSZ said yesterday.

Money market fund assets grew 3% to HUF 1.572 trillion as the funds attracted fresh capital of HUF 46.5 bln. Assets in bond funds rose 1% to HUF 1.207 trillion with net sales of units reaching almost HUF 13 bln. Mixed fund assets climbed 3% to almost HUF 580 bln as the funds drew close to HUF 18 bln. Property fund assets grew 2.2% to HUF 471.5 bln. Net sales of units reached HUF 10 bln.

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