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Investment Funds’ assets declined marginally in Q4 2023

07:58 - 19 February 2024

Economy Reporter

Assets under management (AUM) by Investment Funds in Cyprus marked a quarterly decrease of 0.8% in Q4 2023, with total AUM amounting to €6.49 billion from €6.55 billion in Q3, the Central Bank of Cyprus (CBC) has said.

The number of reporting entities declined to 316 at the end of 2023 from 321 at the end of the third quarter of the same year.

According to the investment funds statics issued by the CBC, in December 2023 total assets comprised securities and other equity worth €4.66 billion, deposits and loans of €760.9 million, bonds amounting to €554.6 million non-financial assets of €358.9 million as well as other assets worth of €151.1 million.

(Source: CNA)

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