Assets of all 10 asset management companies ranked by Profit.bg declined in November.

As we said yesterday, the decrease is due to both the correction on BSE in November, and to redemption of units.

Raiffeissen Asset Management Bulgaria continues to be number 1 in the chart, followed by DSK Asset Management.

Elana Fund Management and Karoll Capital management introduced new funds during the period - Elana Fund Money market and Advance IPO. Capman Asset Management ranks fifth.

The top 10 also includes TBI Asset Management, BenchMark Asset Management, Standard Asset Management and the only new company - CCB Asset Management.

Assets of Bulgarian collective investment schemes declined 78.265 mln leva (40.016 mln euros) in November, shows data made available to Profit.bg. At the end of the period the funds controlled a total of 905.055 mln leva (462.747 mln euros).

Management CompanyAssets In BGN1Raiffeissen Asset Management Bulgaria1314863362DSK Asset Management1255180703Elana Fund Management1096394424Karoll Capital Management1018554075Capman Asset Management915700656TBI Asset Management675524137UBB Asset Management597720698BenchMark Asset Management381558019Standard Asset Management3548964310CCB Asset Management21312602