According to the quarterly statistical report issued by the Cyprus Securities and Exchange Commission (ΕΚΚ), total assets under management in the first quarter of 2021 grew by 14% to €9.8 billion compared to the fourth quarter of 2020.
At the same time, the total net asset value was €7.97 billion.
Of these, 52% came from AIFM, 17% from AIFM not exceeding thresholds, 23% from AIF and UCITS fund management companies, 7% from UCITS fund management companies, and 1% from enterprises managed by external managers.
Currently, ΕΚΚ operates 284 collective investment management companies and collective investment organizations, of which 88 are under consideration. Of the total number of companies, 173 are externally managed operating environments, 52 internally managed and 59 externally managed. The total number of management companies includes 31 AIFMs, 73 AIFMs below the limit, 3 UCITS management companies and 4 dual license companies (AIFM and UCITS management companies).
It is worth noting that the largest number of investments (54%) falls on private equity in Cyprus, while real estate investments account for 14%, another 32% are mixed types of investments.
As for the classification of investors, in UCITS 99.3% are private investors, and in other funds - 38.2% are professional investors, 49.9% are qualified investors and only 11.9% are private investors.