Thursday, August 2, 2018

$1.7 billion subscribed in investment funds. Fixed-income securities are favored


Total subscriptions in local and foreign investment funds reached $1.7 billion in 2017, a drop of three percent compared with the previous year, according to the annual report of the Capital Markets Authority (CMA) for 2017.

The number of local and foreign funds with local subscriptions increased last year by 7.6 percent to 527.

Subscriptions in local funds fell 6.6 percent to $791 million while the funds' total number increased by 15 percent to 23.

Subscriptions in local f...

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