Assets of mutual funds, investment funds, and institutional investment funds amounted to ISK900.9bn (€6.7bn) at the end of October, an increase of ISK24.5bn (€182m) month-on-month according to figures published by the Central Bank of Iceland. On an annualised basis, assets increased by close to ISK72bn (€535m) against the same month in 2018. Mutual fund assets constitute ISK159.5bn, up by ISK1.3bn over the month. Investment fund asets rose by ISK18.9bn to ISK361.4bn. Institutional investment funds gained ISK4.3bn to reach total assets of ISK380bn. Money market funds saw assets rise...
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