The Investment Funds sector in Cyprus lays solid foundations for its further development. It is proving resilient amid a period of intense volatility in the international capital markets, which inevitably affected Cyprus as well.
According to the data published by the Cyprus Securities and Exchange Commission for the first quarter of 2023, a significant increase in Assets under Management is recorded compared to the end of 2022, as noted by the Cyprus Investment Funds Association (CIFA).
Specifically, at the end of March 2023,