When applied correctly, tools and strategies can transform theoretical approaches into tangible results and create a dynamic environment for sustainable growth and business success in the investment landscape. However, financial illiteracy resulting in Cypriots choosing not to invest their money is an obstacle to this approach.
A roundtable discussion on 'Investment Opportunities: From Theory to Practice' was hosted, in this context, during the 2nd Where to Invest Forum 2025, presented by the Bank of Cyprus in Nicosia on 25 November.
Phanos Vladimirou, CFA - Senior Investment Specialist, Athlos Capital, said that investing depends on one's goals and investment profile, i.e. the total amount available, tax incentives and other preferences.
Regarding financial illiteracy, he commented that deposits in Cyprus stand at €57 billion of which €32 billion belongs to households. This creates significant distortions in the economy, resulting in underdeveloped markets.
Michael Konstantinou, Senior Portfolio Manager, Athlos Capital, said that although there was an upward trend in investment funds, this year was peculiar and there have been large fluctuations in very short periods of time. This fundamental aspect was a factor. The second factor was technical, he said, since many large clients abroad use algorithms that influence the market. Another factor of fluctuations is factor X, i.e. the uncertainty that arose from the political conditions in the USA.
The discussion was moderated by Panayiotis C. Andreou, Professor of Finance at the Cyprus University of Technology.
(Source: InBusinessNews)
