Costa Rica: Funds with assets abroad grow
Three diversified investment funds that invest their assets abroad had a big reception from individual investors.
Monday, August 18, 2008
Just four weeks after the Sama y CFS Asesores investment group launched three new options, the amount of investors increased more than four time and investments in euros went up from 2 to 53.
Authorities state that foreign agents are showing confidence in the rise of the Panamanian economy and its prospects.
Despite the international financial crisis, assets have grown by 8% in 2010 and the number of investors increased 10% to 33.432 customer accounts.
In Costa Rica, investment funds grew 16% in 2009, in spite of losing almost 10% of their investors.
Measures oblige firms to have liquid assets ready to meet obligations.
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