In­vest­ment funds as­sets drop 2% in June

Financial Mirror (Cyprus) - - FRONT PAGE -

To­tal as­sets of in­vest­ment funds in Cyprus de­creased by 2% in June, the Cen­tral Bank of Cyprus said.

Fig­ures re­leased by the cen­tral bank showed that in June the to­tal as­sets of the 80 in­vest­ment funds that sub­mit­ted data, dropped to EUR 2,986 mln, from EUR 3,049 mil­lion in March. In June 2014, the 84 in­vest­ment funds that sub­mit­ted data had to­tal as­sets of EUR 3,062.9 mln.

In­vest­ment funds on eq­uity had as­sets of EUR 2.278,9 mln in June, in­vest­ment funds on bonds EUR 26.1 mln and mixed in­vest­ment funds had to­tal as­sets of EUR 383.2 mln. Funds that in­vest in real es­tate had as­sets of EUR 184.4 mln, while other in­vest­ment funds had to­tal as­sets of EUR 113.5 mln.

De­posits and loans fell in June to EUR 253 mln from EUR 254 mln in March. In June 2014, the de­posits and loans of the in­vest­ment funds that sub­mit­ted data were EUR 306.3 mln.

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