Investment funds assets drop 2% in June
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.