The growth in the investment funds sector in the recent years, despite of the conditions of the pandemic and high uncertainty, has now established the Investment Fund sector as one of the fastest growing sectors in the Cypriot economy, the Cyprus Investment Funds Association (CIFA) has said after the data released by the Cyprus Securities and Exchange Commission for 2021, marking a significant but steady increase in the size of the sector.
According to the data, the total Assets Under Management (AUM) by the Investment Funds in Cyprus reached €11.6 billion at the end of December 2021, compared to €8.
Source: Cyprus News Agency