Nicosia: The Cyprus Investment Funds Association (CIFA) welcomes the latest positive developments in the Investment Funds sector, as reflected in the Q1 2025 Quarterly Statistical Bulletin issued by the Cyprus Securities and Exchange Commission (CySEC).
According to Cyprus News Agency, by the end of March 2025, Cyprus had a total of 322 Management Companies and Undertakings for Collective Investment (UCIs), of which 254 were active. Total Assets Under Management (AUM) reached £10.7 billion, marking a 6.6% increase compared to the previous quarter and an 18% increase year-on-year. Total Net Asset Value (NAV) stood at £9.9 billion.
The increase in domestic investments, which reached £2.9 billion and account for 27.2% of the total AUM, is particularly important for the development of the Cypriot economy.
CIFA President Maria Panayiotou noted that the latest figures published by CySEC indicate the continued and sustainable growth of the sector. She emphasized that while an increase in Assets Under Management or in the number of Investment Funds is not expected every quarter, each increase significantly contributes to the efforts of strengthening Cyprus’ collective investments ecosystem.
Panayiotou also mentioned that recent milestones, such as the enactment of the new Law on Fund Administration Companies, are expected to support this positive momentum, with optimism for their impact in the coming quarters.
CIFA stresses the importance of stability and predictability in today’s volatile international environment, highlighting that preserving Cyprus’ comparative advantages is critical for both the Investment Funds sector and the broader economy. It concludes by suggesting that any policy or regulatory changes should be carefully evaluated to maintain Cyprus’ competitiveness in the global fund market.