Data released by the Cyprus Securities and Exchange Commission, CySEC, showcase a continuously growing and dynamic Investments Funds sector in the island with a marked quarterly increase of up to 9%, according to the Cyprus Investements Funds Association (CIFA).
In a statement CIFA said that according to the statistics published by the regulator, in H1 2021, the Assets under Management (AuM) of Collective Investments reached €10.7 billion, a record high which translates into a 9% quarterly increase compared to the previous quarter.
Source: Cyprus news Agency