Make no mistake, Cyprus ticks all the boxes
Andreas Yiasemides
Andreas Yiasemides, President of the Cyprus Investment Funds Association (CIFA)
The ultimate jurisdiction for Middle East and North Africa (MENA) funds that want to invest in Europe, and international funds interested in the MENA region
Cyprus investment fund industry has shown remarkable stamina and resilience during the pandemic as it continued to grow at a remarkable pace.
According to the Cyprus Securities and Exchange Commission (CySEC), at the end of the second quarter of 2020, total assets under management increased to almost ?8 billion (a quarterly increase of 5.3 per cent), despite the difficulties and times of great uncertainty the COVID-19 pandemic has brought upon us. Since 2016, assets under management by entities regulated in Cyprus have increased by 196 per cent. What is more, the European Fund and Asset Management Association reported that Cyprus is the fastest-growing European centre in terms of n