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Investment funds put €2.5 bln in Cypriot economy
September 30, 2022
The Cyprus Investment Funds Association (CIFA) on Wednesday held an event focusing on the latest developments in Cyprus’ investment funds sector, spearheaded by the association’s president and board of directors.
“The investment funds sector is on an upward trajectory and has developed at a rapid pace in recent years,” the association said.
In addition, Cyprus’ total Assets Under Management (AuM) have risen from €6.3 billion in 2018 to €11.1 billion in the first quarter of 2022, according to the latest data from the Cyprus Securities and Exchange Commission (CySEC).