Financial Services, Good for Business, Investments, Latvia
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Friday, 26.04.2024, 07:27
Latvian investment management companies' profit at EUR 5.126 mln in H1
BC, Riga, 13.09.2018.
Print version
Print versionLatvian investment management companies earned a total of EUR 5.126 mln in profit in January-June this year, which is 18% less than in the first half of 2017, the Financial and Capital Market Commission informed LETA.
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The commission's spokeswoman Dace Jansone said that investment funds' assets decreased 1.1% to
EUR 213.7 mln at end-June, while alternative investment funds' assets increased
1.6%, amounting to 138.1 mln.
In the first half of 2017, Latvian investment management
companies operated with a profit of EUR 6.252 mln.
As of end-June, there were twelve investment management
companies and seventeen alternative investment funds in Latvia.
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