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Cyprus has seen a quarter increase in investment funds during the year

Cyprus has seen a quarter increase in investment funds during the year

The number of investment funds in Cyprus increased by 25.3% during the year – this is the data of the Central Bank of the country. If in September 2019 the number of such organizations was 166, at the end of the third quarter of this year it reached 208.

In the third quarter of 2020, the number of reporting entities increased by 4.5% – at the end of June there were 199. At the same time, the total assets of investment funds decreased by about 2.7 percent – to 5602.7 million euros in September against 5760.6 million in June. Over the year, the decline was 1.5 percent.

By nature of investment in September 2020, 1.97 billion euros of total assets were invested in equity, 697 million in real estate, 626 million in mixed funds, 180.8 million in bonds and 2.13 billion in other areas and instruments.

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