Investment Funds Exhibiting Consistent and Durable Expansion According to CIFA
Cyprus Investment Funds Association Welcomes Growth in Sector
The Cyprus Investment Funds Association (CIFA) has welcomed positive developments in the Investment Funds sector, as the latest figures published by CySEC indicate a sustained and growing trend.
By the end of March 2025, Assets Under Management (AUM) in Cyprus reached an impressive €10.7 billion, marking an 18% year-on-year growth. This increase also represents a 6.6% growth compared to the previous quarter.
The total Net Asset Value (NAV) in Cyprus stood at €9.9 billion, reflecting the robust health of the sector. Domestic investments in Cypriot Investment Funds reached €2.9 billion, accounting for 27.2% of the total AUM.
Maria Panayiotou, President of CIFA, stated that every increase in AUM is a step towards strengthening the investment funds ecosystem. She reiterated that stability and predictability are crucial factors for investors and jurisdictions alike in today's highly volatile international environment.
There were a total of 322 Management Companies and Undertakings for Collective Investment (UCIs) in Cyprus, with 254 of these being active.
CIFA anticipates that recent milestones, such as the enactment of the new Law on Fund Administration Companies, will further support the positive momentum in the Investment Funds sector and be reflected in the coming quarters.
However, any policy or regulatory changes must be carefully evaluated to avoid weakening Cyprus' competitiveness vis-à-vis other fund jurisdictions. Preserving Cyprus' comparative advantages is critical, not only for the Investment Funds sector but also for the broader economy.
Stability and preservation of Cyprus' competitive advantages remain crucial for the continued growth of the sector. CIFA does not expect an increase in AUM or in the number of Investment Funds every single quarter, but every increase is a meaningful contribution to the strengthening of the collective investments ecosystem in Cyprus.
Maria Panayiotou, from CIFA, stated that the continued and sustainable growth of the sector is evident in the latest figures published by CySEC. The association encourages continued support and investment in the sector to capitalise on its positive momentum.
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