The value of Total Assets under Management (AUM) reached €10.6bn in the 2nd quarter of 2022, recording a decrease of 4.1% compared to the 1st quarter of 2022, according to the latest Quarterly Statistics bulletin published by the Cyprus Securities and Exchange Commission (CySEC). The statistical bulletin can be found on CySEC’s website and presents the most important data on the Collective Investments sector in Cyprus.
Based on the data of the 2nd quarter of 2022, CySEC supervises 330 Management Companies and Undertakings of Collective Investments (UCIs), 237 of which have operations. Specifically, it supervises 210 Externally Managed UCIs, 45 Internally Managed UCIs, and 75 External Fund Managers. The total number of Management Companies includes 43 AIFMs, 67 Sub-threshold AIFMs, 4 UCITS Management Companies, and 6 dual license entities (AIFMs and UCITS Management Companies).
Continue reading at source: Gold News
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