Assets of Czech collective investment funds up 25.4% in July 2012.

By bne IntelliNews September 17, 2012
Net assets of Czech collective investment funds increased by 25.4% y/y to CZK 156.7bn (EUR 6.4bn) as of end-July 2012, speeding up their growth from a 24.9% annual hike in June, data from the central bank showed. In monthly terms, the funds assets were by CZK 2.5bn higher in July, following a CZK 4.2bn rise in the previous month. Equity funds registered the strongest monthly rise of 1.9% to CZK 18.1bn. The value of bond holdings increased by CZK 3.3bn on the month to CZK 70.8bn at end-July. The share of equity securities in the funds net assets value shrank to 26.4% in July from 27.1% in June with their value decreasing by CZK 0.4bn m/m to CZK 41.4bn. There were 223 collective investment funds active in the country as of end-July. Twenty-nine were equity funds, 47 bond funds, 55 mixed funds, 83 real estate funds and nine other funds were active in the Czech Republic as of end-July 2012. Six new collective investment funds started operations in July.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278

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