CySEC: Asset under Management of Collective Investments up 5.3% in Q2

The value of Total Assets Under Management reached €7.97b in the second quarter of 2020, recording a 5.3% increase over the first quarter of the year, but a 3.7% drop compared with the fourth quarter of 2019, according to a quarterly statistical bulletin by the Cyprus Securities and Exchange Commission (CySEC).
CySEC has 238 Management Companies and Undertakings of Collective Investments (UCIs) under its supervision. From these, 147 companies have operations. More specifically, it supervises 131 Externally Managed UCIs, 59 Internally Managed UCIs and 48 External Fund Managers. The total number of Management Companies includes 34 AIFMs, 69 Sub-threshold AIFMs and 4 UCITS Management Companies.
The Total Assets Under Management (AUM) reached €7.97 billion for the second quarter of 2020, recording a 3.7% decrease compared to the fourth quarter of 2019 and 5.3%


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from Cyprus News Agency
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