Economy category powered by

Investment fund assets up 7% in Q1

08:35 - 25 May 2023

Economy

Total assets of investment funds in Cyprus increased 7% in March 2023 compared to December 2022.

According to the Central Bank of Cyprus (CBC), the number of investment funds increased from 286 in December 2022 to 290 in March 2023.

The total assets of these funds increased by approximately 7% to €8.3b in March, compared with €7.7b in December 2022.

The increase was mainly due to the value of the shares that the investment funds had in their assets, which amounted to €6.48b compared to €5.98b in December 2022.

At the end of March, shares corresponded to 78% of the total assets of investment funds.

News Feed

All News

Read More

Deadline for submission of income tax return for individuals on 31 July
EU report reveals Cyprus has highest share of online clothes shoppers and social media users
We enjoy a very strong relationship with Cyprus, advisor to Qatari Prime Minister says
Cyprus expects competent agency to implement GSI, Energy Minister says
Cypriots see business opportunities but fear failure, according to survey
Industrial production up 4.3% y-o-y in first two months of 2025
Tourism revenues are soaring: 35% increase to €148.9m in the first two months of 2025
Petroleum product sales down by 2.3% in Q1
Proper management leads to opportunities in digital era, Labour Inspection Department says
ACTTA President Charis Papacharalambous on how Cyprus can become a year-round destination