Cyprus investment sector stable, assets reach €9.5 billion
The Cyprus Securities and Exchange Commission (CySEC) this week released its quarterly report for the fourth quarter of 2022, which highlights the current state of the collective investments sector in Cyprus.
According to the report, the number of Management Companies and Undertakings of Collective Investments (UCIs) remained stable during this time, with 333 companies being supervised by CySEC. Of these, 243 companies had operations.
The report also showed that the total assets under management (AUM) reached €9.5 billion during the fourth quarter of 2022, marking a 3.7 per cent decrease since the third quarter of the same year.