mutual funds

EghtesadOnline: The Majlis Research Center, affiliated to Iran's parliament, has recommended the mutual funds operating in the country's capital market to reduce their share of investment in banks in favor of bond market.

EghtesadOnline: Investors have fled to bond markets and other safe haven assets, as poor economic prospects lowered appetite for stocks. The exodus also happened among mutual funds , where nearly 99% of their 948.7 trillion rials of assets ($26.6 billion at market exchange rates) are held as bonds.