{"id":13494,"date":"2018-09-09T13:57:24","date_gmt":"2018-09-09T10:57:24","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=13494"},"modified":"2018-09-09T13:58:56","modified_gmt":"2018-09-09T10:58:56","slug":"assets-managed-by-local-and-foreign-investment-funds-operating-in-bulgaria-post-a-21-2-annual-growth","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/assets-managed-by-local-and-foreign-investment-funds-operating-in-bulgaria-post-a-21-2-annual-growth\/","title":{"rendered":"Assets Managed by Local and Foreign Investment Funds Operating in Bulgaria Post a 21.2% Annual Growth"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For one year, the assets managed by local and foreign investment funds operating in Bulgaria grew by 21.2% (BGN 657.2 million) and reached a<img loading=\"lazy\" decoding=\"async\" class=\"wp-image-11274 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529.jpg\" alt=\"\" width=\"297\" height=\"198\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529.jpg 4800w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8908-529-113x75.jpg 113w\" sizes=\"auto, (max-width: 297px) 100vw, 297px\" \/> total of BGN 3.762 billion at the end of June, according to the latest statistics of the Bulgarian National Bank (BNB). By comparison, they amounted to BGN 3.105 billion a year ago. The quarterly investment growth was 2.8% (BGN 102.5 million).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a percentage of GDP, the total amount of assets of local and foreign investment funds at the end of the second quarter reached 3.6%, compared to 3.1% of GDP a year ago and 3.5% at the end of the first quarter of 2018. Special purpose vehicles (SPV) with real estate securitization are not included in the investment funds, BNB said.<\/span><\/p>\n<p><b>Compared to the first three months, investments went up by BGN 17.9 million (2.5%) in Bulgaria and by BGN 11.5 million (5%) in the other EU countries.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">For one year, the investment funds increased by 78 and totaled 1055 by 30 June, which was a decrease of 14 funds on a quarterly basis. Foreign investment funds grew by 62 to 924, while local funds rose by only 16 per year reaching a total of 131, according to preliminary data from the BNB. In the last three months, 15 foreign and one Bulgarian investment fund have withdrawn.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can find the complete BNB statistics in the document <a href=\"http:\/\/www.bnb.bg\/bnbweb\/groups\/public\/documents\/bnb_download\/201806_s_if_press_a1_bg.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; For one year, the assets managed by local and foreign investment funds operating in Bulgaria grew by [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":10347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169],"tags":[],"class_list":["post-13494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-en"],"_links":{"self":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/13494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/comments?post=13494"}],"version-history":[{"count":0,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/13494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media\/10347"}],"wp:attachment":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media?parent=13494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/categories?post=13494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/tags?post=13494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}