Cyprus Investment Funds Statistics — December 2021

On the 18th of February 2022, the Statistics Department of the Central Bank of Cyprus (CBC) released the 4th quarter’s statistics update for Investment Funds based in Cyprus for 2021. As the reporting frequency is quarterly, the current dataset period includes data until the 31st of December.

This particular set of data reveals a significant all-time high, recorded in both assets under management (AUM) by investment funds in Cyprus and the number of investment funds regulated by CySEC.

The statistics are presented in the following 5 tables:

• Investment funds balance sheet data: assets,
• Investment funds balance sheet data: liabilities,
• Investment funds total assets/liabilities, by nature of investment,
• Investment funds total assets/liabilities, by type of investment fund,
• Investment funds total assets/liabilities, UCITS/Non-UCITS breakdown.

1. The Investment funds balance sheet data: assets table

The total assets outstanding at the end of December 2021, were reported at 8,740.4 million EUR. This represents a 2.4% increase on 8,535.6 million EUR total assets reported at the end of September 2021. This is the fourth consecutive all-time high recorded, which the Investment Funds team at SALVUS considers extremely insightful as to the state of the Cypriot jurisdiction. The graph in Figure 1 below is telling of how much and how far the industry has grown and continues to do so.

The number of reporting entities increased to 257 from 235 previously reported which represents the largest increase in reporting entities in a single quarter since the CBC began releasing such reports. It is important to note that in the last 18 quarter-over-quarter reports there have been 17 increases in the number of investment funds reporting to CySEC and 1 quarter with no change.

Figure 1 below, combines these 2 data sets with

• the y-axis on the left and the bars along the x-axis showing the Total Assets in EUR million, outstanding,
• the y-axis on the right and the line along the x-axis showing the Number of Reporting Entities, at the end of each period.

Figure 1 — The progress of Total Assets in EUR million (bars), outstanding at end of the period and the Number of Reporting Entities (line) from the end of March 2011 until the end of December 2021.

2. The Investment funds balance sheet data: liabilities table

The breakdown of the liabilities on the balance sheet of Investment Funds in Cyprus is reported in 3 categories by the CBC:

1. Loans
2. IF (Investment Funds) shares/units
3. Other liabilities (incl. financial derivatives)…

Find the rest of the article here: https://salvusfunds.com/2022/02/23/cyprus-investment-funds-statistics-december-2021/