The Cyprus Securities and Exchange Commission issued its quarterly statistics bulletin for the collective investments sector for the fourth quarter of 2024, reporting that it supervised 321 management companies and undertakings of collective investments (UCIs) and that total assets under management (AUM) reached EUR 10.1 billion. AUM increased by 10.21% versus the third quarter of 2024 and by 17.66% versus the same period in 2023, which CySEC attributed to the raising of new capital; UCIs managed by management companies had a net asset value of EUR 9.6 billion. The 321 supervised entities comprised 220 externally managed UCIs, 32 internally managed UCIs and 69 external fund managers; management companies included 45 AIFMs, 48 sub-threshold AIFMs, three UCITS management companies and five dual-licensed entities (AIFMs and UCITS management companies). AUM was reported as 60% managed by AIFMs, 18% by dual AIFM/UCITS management companies, 11% by sub-threshold AIFMs, 10% by UCITS management companies and 1% by regulated UCIs managed by foreign fund managers. UCITS AUM was invested mainly in transferable securities (87.6%), with 9.2% in UCITS and other UCIs and 2.0% in bank deposits; for AIFs, AIFLNPs and RAIFs, private equity represented 30.4% of AUM, real estate 14.7%, funds of funds 13.9% and hedge funds 10.6%. CySEC reported 227 UCIs with operations, with 75% of total AUM held by 201 Cyprus-domiciled UCIs; 166 UCIs invested in Cyprus partially or entirely, totalling EUR 2.9 billion (28.63% of total AUM). The bulletin also sets out unitholder profiles and selected sector exposures, including shipping (EUR 709.2 million), energy (EUR 496.3 million), fintech (EUR 258.1 million) and sustainable investments (EUR 86.4 million). The quarterly statistics bulletin is published on CySEC’s website.

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