Cyprus investment funds see €293 million rise in asset value

The total assets of investment funds in Cyprus increased by approximately €293 million in March of this year, representing a rise of 4.5 per cent compared to December 2023, reaching €6.78 billion.

According to an announcement by the Central Bank of Cyprus (CBC), which shared the latest investment fund figures this week, “this growth was primarily driven by a rise of around €260 million in investments in stocks and related securities, which totalled €4.93 billion”.

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