At the end of September, the activities managed by both local and foreign investment funds operating in Bulgaria reached 9 billion euros, showing a year-on-year increase of 10.1% (827.6 million euros) and a quarterly increase of 1.3% (119.6 million euros). These data are provided by the Bulgarian National Bank (BNB). In relation to the gross domestic product (GDP), the total assets of the funds at the end of September represented 4.8%, down from the 4.9% of the previous year and unchanged from the 4.8% at the end of the second quarter of this year.
The observations indicate an overall decrease of 62 investment funds over the course of a year, bringing the total to 1459 at the end of September. Specifically, foreign funds decreased by 47, reaching a total of 1307, while domestic funds decreased by five, totaling 152.