Cyprus investment fund sector hits record high with 260 active firms

Cyprus’ investment funds sector continued to record positive momentum, with the number of active entities reaching a new high and Assets Under Management (AuM) rising to €11.4 billion, according to the latest data released by the Cyprus Securities and Exchange Commission (CySEC).

The Cyprus Investment Funds Association (CIFA) expressed its satisfaction with the sector’s continued positive course, while CIFA president Maria Panayiotou reiterated that quality growth and strengthening the...