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Nov 20, 2017 14:24 EEST
November 20 (SeeNews) - The assets of Bulgarian share-focused investment funds grew 48.5% on the year to 507.6 million levs ($305.6 million/259.5 million euro) at the end of September, central bank data showed on Monday.
As of end-September, share-focused investment funds held the largest share of 39.9% in the assets of resident investment funds, up from 36.2% a year earlier, according to data posted on the website of the Bulgarian National Bank (BNB).
Assets of mixed funds increased 35.4% to 255.5 million levs and those of bond-focused funds added 6.1% to 506.2 million levs.
Total assets managed by resident investment funds in Bulgaria totalled 1.27 billion levs at the end of September, up 35% year-on-year. Assets managed by non-resident investment funds rose by an annual 32.9% to 2.02 billion levs at end-September.
(1 euro=1.95583 levs)
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