The number of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus stood at 323 during the third quarter of 2024,...
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Maroc - FINANCIALMIRROR.COM - A La Une - 25/Jan 09:51
Assets, fund managers decline to €9.1bln
The Cyprus funds sector saw a small quarterly drop in the value under management, as well as the number of management companies and alternative investment funds at the end of the third quarter last year. According to the quarterly report of the Cyprus Securities and Exchange Commission (CySEC), the number of management companies and undertakings of collective investments (UCIs) dropped marginally at the end of September from 328 to 323, while the total assets under management decreased by 2.43% from €9.4 bln to €9.1 bln. Of these, about a quarter are invested in Cyprus. Year on year, the number of
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