Assets of Czech collective investment funds up 24.9% in June 2012.

By bne IntelliNews August 20, 2012
Net assets of Czech collective investment funds increased by 24.9% y/y to CZK 154.2bn (EUR 6.2bn) as of end-June 2012, speeding up their growth from a 22% annual hike in May, data from the central bank showed. In monthly terms, the funds assets were by CZK 4.2bn higher in June, following a CZK 1.8bn decrease in May. Bond funds registered the strongest monthly growth of CZK 3.8bn to CZK 79.2bn as of end-June. The value of bond holdings increased by CZK 2.5bn on the month to CZK 67.5bn at end-June. The share of equity securities in the funds net assets value shrank to 27.1% from 28.1% in May with their value decreasing by CZK 0.3bn m/m to CZK 41.8bn. There were 217 collective investment funds active in the country as of end-June. Twenty-nine were equity funds, 46 bond funds, 55 mixed funds, 80 real estate funds and seven other funds were active in the Czech Republic as of end-June 2012. Three new collective investment funds started operations in June and three were closed.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Czech CSSD proposes 2014 general and European elections to be held together.

Social Democrats (CDDS), the major Czech opposition party, proposed next year's general and European elections to be held on the same day, CTK news agency reported. CSSD leader Bohuslav Sobotka ... more

Tesco Czech faces fine for selling products containing undeclared horsemeat

The Czech unit of UK retailer Tesco faces a fine of up to CZK 3mn (EUR 116,000) for selling beef lasagne containing undeclared horsemeat, Radio Prague reported. The state-run Agricultural and Food ... more

Czech Senate votes to limit immunity of lawmakers, judges.

The upper house of the Czech parliament, the Senate, voted on March 20 a constitutional amendment to limit the immunity of lawmakers and constitutional judges, Radio Prague reported. Out of the ... more

Follow Us On

Most Read

  1. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  2. Don't mention the "D" word - Ukraine
    6 days ago
  3. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    4 days ago
  5. The models are wrong, climate change is accelerating faster than predicted
    1 day ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  3. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  4. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss