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Assets under management of supervised investment funds rise to €6.3 billion, Cysec says
CNA - CYPRUS/Nicosia 14/02/2019 21:09

Fund management companies and undertakings of collective investments (UCIs) under supervision of the Cyprus Securities and Exchange Commission (CySec) increased to 174 in the fourth quarter of 2018 while total assets under management increased to €6.3 billion from €5.7 the previous quarter, Cysec said in a quarterly report.
According to the report, of the 174 entities, 118 companies have operations, marking an increase of 18% compared to the previous quarter. The total number of companies includes, 74 externally managed UCIs, 64 internally managed UCIs and 36 external managers.
The total number of management companies includes 24 AIFMs, 72 sub-threshold AIFMs and 4 UCITS management companies, whereas the total assets under management (AUM) for the 4th quarter of 2018 reached €6.3 billion, recording a 10% increase compared to the 3rd quarter of 2018, the re


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