K&H: saving money in cash is a dead end

In today’s inflationary environment cash savings are losing their value the fastest. According to data from the Central Bank of Hungary (MNB), Hungarian households have about HUF 7,000bn saved in cash – while this year’s average inflation is expected to be around 14%. Gábor Bánhalmi, senior knowledge manager at K&H Fund Management told: K&H’s thematic investment funds can be used to profit from megatrends that span several economic cycles, what is more, in the form of environmentally and socially responsible investments.

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This article is available for reading in Trade magazin 2022/11.