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13 July, 2024
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CBC releases investment fund data

Investment Funds in Cyprus reach a new all-time high

Source: CNA

Investment Funds operating to Cyprus reached 142 in the third quarter of 2018, marking a new all-time high, according to data released by the Central Bank of Cyprus.

According to CBC data, the investment funds assets grew by 3% to 4.85 billion compared with €4.7 billion in June 2018.

The majority of the Investment Fund’s assets were distributed to equity with €1.87 billion or 38.4%, followed by real estate with €1.38 billion or 28.5% and other assets with €0.91 billion or 18.9%. Mixed assets amounted to €0.54 or 11.1% of total assets, whereas bonds holdings amounted to 3.11% of total assets or €0.14 billion.


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