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CySEC: Collective Investments Surge Over 10% In Q4 2024

by News Editor

April 15, 2025

The Cyprus Securities and Exchange Commission (CySEC) reported a robust performance in the country’s collective investments sector for Q4 2024, with total Assets Under Management (AUM) reaching €10.1 billion — a quarterly increase of 10.21% and an annual rise of 17.66%.

Despite a 2.13% year-on-year decline in the number of Management Companies and Undertakings of Collective Investments (UCIs) — down to 321 from 328 — the sector saw strong capital inflows and asset growth. The 321 regulated entities comprise 220 Externally Managed UCIs, 32 Internally Managed UCIs, and 69 External Fund Managers.

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A Breakdown Of The Industry Structure

Management Companies: 45 AIFMs, 48 Sub-threshold AIFMs, 3 UCITS Management Companies, and 5 dual-licensed entities (AIFM & UCITS).
NAV: UCIs managed by these entities reported a Net Asset Value (NAV) of €9.6 billion.

Asset Distribution

60% of AUM is managed by AIFMs
18% by dual-licensed AIFMs & UCITS managers
11% by Sub-threshold AIFMs
10% by UCITS Management Companies
1% by foreign-managed UCIs

UCITS allocations leaned heavily toward transferable securities (87.6%), with smaller proportions in other UCIs (9.2%) and bank deposits (2.0%). AIFs, AIFLNPs, and RAIFs favored Private Equity (30.4%), Real Estate (14.7%), Funds of Funds (13.9%), and Hedge Funds (10.6%).

Local Footprint and Investment Trends: Of the 227 UCIs currently active, 201 are domiciled in Cyprus, collectively managing 75% of the total AUM. A notable €2.9 billion — 28.63% of the total — is invested partially or fully in Cyprus, with 65.2% of that focused on Private Equity and 13.5% in Real Estate.

Investor Composition

UCITS: 99.1% retail investors
AIFs, AIFLNPs, RAIFs: 64% well-informed investors, 23.9% professional, 12.1% retail

Sector Allocations (Q4 2024)

Shipping: €709.2 million (7.04% of total AUM)
Energy: €496.3 million (4.93%)
Fintech: €258.1 million (2.56%)
Sustainable Investments: €86.4 million (0.86%)

CySEC’s latest data reflects steady growth in Cyprus as a fund management hub, driven by investor confidence and diversification across asset classes and sectors.

Rising Construction Costs in Cyprus: A 2025 Insight

by News Editor

May 20, 2025

In the first four months of 2025, the construction scene in Cyprus has felt the pinch of rising material costs. According to the state statistical service, the construction materials price index jumped by 1.2%, compared to the same timeframe in 2024.

In April alone, the index levelled at 119.03 units, marking a subtle yet impactful 0.18% uptick from March. This trend is pivotal as it integrates with the national economic strategies mentioned earlier in Cyprus’ Economic Growth: A 2025 Projection.

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Mineral and Electromechanical Products Lead the Increase

A detailed breakdown reveals substantial increases in specific categories: mineral products spiked by 3.80%, while products derived from minerals saw a 3.31% rise. Additionally, electromechanical goods increased by 1.46%.

The price hike also touched wood products, insulating materials, chemicals, and plastics, which saw a collective 0.56% rise.

Metal Products Offer a Silver Lining

Contrary to the overall upward trend, metal products exhibited a minor downturn of 0.46%, suggesting a temporary relief in an otherwise escalating market.

This index is crucial for understanding shifts that influence both private developments and public infrastructure projects.