According to Association of Funds and Asset Management (AFAM), assets under management in the Czech Republic increased to CZK 300bn (EUR 10.7bn) in 1H2007 from CZK 271bn (EUR 9.7bn) at the end of 2006, up 10.7%. The majority of assets was in domestic funds, i.e. CZK 167bn, while CZK 133bn in foreign funds. Segmental split shows that most of assets under management are in money market funds approx. CZK 110bn, followed by secured funds approx. CZK 57bn.