Assets under management totalled €10.6b in the second quarter of the year, with the Cyprus Securities and Exchange Commission (CySEC) overseeing 319 Management Companies and Undertakings of Collective Investments (UCIs).
In its quarterly statistics bulletin, CySEC said the number of UCIs decreased 2.74% from the same period last year, when it counted 328.
This quarter's entities include 222 Externally Managed UCIs, 30 Internally Managed UCIs, and 67 External Fund Managers. The total number of Management Companies includes 45 AIFMs, 45 Sub-threshold AIFMs, 2 UCITS Management Companies, and 5 dual licence entities (AIFMs and UCITS Management Companies).
At €10.6 billion, the Total Assets Under Management recorded a 1.03% decrease compared to the first quarter of 2025. Furthermore, the UCIs, managed by the Management Companies, had a Net Asset Value of €9.8 billion.
Also, 62% of the Assets Under Management related to assets managed by the AIFMs, 17% by AIFMs and UCITS Management Companies. Furthermore, 11% related to UCITS Management Companies, 9% to Sub-threshold AIFMs, and 1% to Regulated UCIs managed by Foreign Fund Managers.
85.7% of UCITS’ Assets Under Management was invested in Transferable Securities, 9.1% in UCITS and other UCIs, while 4.1% in bank deposits.
Regarding AIFs, AIFLNPs and RAIFs, 31.6% of the Assets Under Management related to investments in Private Equity, while 17.8% was invested in Real Estate. Investments in Hedge Funds account for 10.3%, Investments in Funds of Funds constitute 9.7% of the total AUM, while the remaining 30,6% is classified as “Other”.
As regards the investments in Private Equity, 33.7% concerned multi-strategy capital, 31.1% related to investments in Growth Capital, 16.2% invested in venture capital, and 4.4% to mezzanine financing.
With respect to investments in the category “Other”, 38.2% invested in equity capital, 14.4% in fixed income, 6.6% in cash and cash equivalents, with infrastructure and commodities following at smaller percentages of 2.9% and 2% respectively.
Some 73.7% of the total AUM is held by 208 UCIs domiciled in Cyprus (12 UCITS, 54 AIFs, 40 AIFLNPs and 102 RAIFs). From the total 230 UCIs with operations, 170 invest in Cyprus partially or entirely, and these investments amount to over €2.75 billion, or 25.89% of the total Assets Under Management. The 70.4% of the investments in Cyprus are in Private Equity, while 13.3% are in Real Estate.
From the categorisation of UCITS investors, it is found that the vast majority are retail investors (99.1%), with a total of 8.819 investors. As for AIFs, AIFLNPs and RAIFs, out of 3,639 investors, 62.9% are well-informed, 25.3% are professional, and 11.8% are retail investors.
Regarding specific sectors that UCIs invested in, during the second quarter of 2025, AUM in the Energy sector amounted to €446.1m (4.20% of total AUM), while €106.3m was invested in Fintech (1% of total AUM), €581.7m in Shipping (5.47% of total AUM) and €96.5m in Sustainable Investments (0.91% of total AUM).
The Quarterly Statistics Bulletin is available here.
