The Cyprus Investment Funds Association (CIFA) welcomes the results of the Quarterly Statistical Bulletin of the Cyprus Securities and Exchange Commission for the 4th quarter of 2024, which reflect the steady growth trajectory of the Investment Funds sector in Cyprus.

According to the data, at the end of 2024, Cyprus had a total of 321 Management Companies and Undertakings of Collective Investments (UCIs), of which 253 already have operations. The total Assets Under Management (AUM) amounted to €10.1 billion, marking a significant increase of 10.21% compared to the previous quarter. At the same time, the total net asset value reached €9.6 billion.

The growth spans a wide range of investment schemes, with the increase in AUM driven by both new and existing Investment Funds. Notable activity is also observed in Undertakings for Collective Investment in Transferable Securities (UCITS), Alternative Investment Funds (AIFs), as well as other categories such as AIFs with Limited Number of Persons (AIFLNP) and Registered AIFs (RAIFs). This diversity enhances the attractiveness of the Cypriot market for investors with varying investment profiles.

“The results of the fourth quarter of 2024 demonstrate that Cyprus’s strategy to develop a flexible, stable, and competitive framework for Investment Funds is yielding positive outcomes. The increase in Assets Under Management, the creation of new funds, and the strengthening of investments in the Cypriot market fill us with optimism but also with a sense of responsibility for the future. CIFA, in its role as the institutional representative of the sector, will continue to work intensively to support and promote the industry, with coordinated actions aimed at positioning Cyprus as an international Investment Funds hub.

In this context, we are engaging in targeted contacts with government bodies and regulatory authorities, organizing and participating in international events, presentations, and roadshows, and strengthening cooperation with strategic partners both in Cyprus and abroad. Specifically, for 2025, we are planning three additional roadshows in key jurisdictions, giving fund managers and other stakeholders promoting Cyprus the opportunity to showcase its advantages. The continuous promotion of the Cypriot investment ecosystem and our active involvement in policy formation further strengthen Cyprus’s position on the international map and significantly contribute to the sustainable growth of our economy.”