CySEC announced that the AUM of Collective Investments reached more than 8bn euro

The Cyprus Securities and Exchange Commission (CySEC) has issued on 24/03/2021 an announcement to inform that the value of Total Assets Under Management of Collective Investments reached €8.58bn in the 4th quarter of 2020

In accordance to the CySEC's latest Quarterly Statistics bulletin published on 23/03/2021, the value of Total Assets Under Management reached €8.58bn in the 4th quarter of 2020, recording a 10.3% increase over the 3rd quarter of the same year, and a 3.8% increase when compared to the 4th quarter of 2019.

Based on the statistics for the 4th quarter of 2020, CySEC has 283 Management Companies and Undertakings of Collective Investments (UCIs) under its supervision, of which 197 have operations. More specifically, it supervises 164 Externally Managed UCIs, 56 Internally Managed UCIs and 63 External Fund Managers. The total number of Management Companies includes 31 AIFMs, 81 Subthreshold AIFMs, 3 UCITS Management Companies and 4 dual license entities (AIFMs and UCITS Management Companies).

There are 165 UCIs in total with operations. Comprising 71% of the total AUM, there are 150 UCIs domiciled in Cyprus (11 UCITS, 48 AIF, 70 AIFLNP and 21 RAIF). From the total 165 UCIs managed by UCIs Management Companies, 119 invest in Cyprus entirely or partially, and €2.15 billion (25.1%) are investments made in Cyprus. The 54% of the investments in Cyprus are in Private Equity, while 14% are in Real Estate.

To read the full announcement, click the following link: CySEC Announcement March 24, 2021