Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) said assets under management in the collective investments sector reached €11.4 billion in the third quarter of 2025, up 7.5% from the previous quarter.
CySEC said it supervised 312 management companies and undertakings of collective investments during the quarter, compared with 323 in the same period of the previous year.
Supervised entities and licences
CySEC said the 312 supervised entities comprised 217 externally managed undertakings of collective investments (UCIs), 29 internally managed UCIs and 66 external fund managers.
Within the overall number of management companies, CySEC reported 46 AIFMs, 44 sub-threshold AIFMs, two UCITS management companies and three dual licence entities operating as both AIFMs and UCITS management companies.
Assets under management and net asset value
CySEC said total assets under management amounted to €11.4 billion in the third quarter of 2025, a 7.5% increase compared with the second quarter of 2025.
It added that the UCIs managed by these management companies recorded a net asset value of €10.1 billion.
Breakdown of assets under management by manager type
Of total assets under management, CySEC said 63% related to assets managed by AIFMs, 17% by AIFMs and UCITS management companies, 10% by UCITS management companies, 9% by sub-threshold AIFMs and 1% by regulated UCIs managed by foreign fund managers.
Investment allocation for UCITS and alternative funds
For UCITS, CySEC said 85.8% of assets under management were invested in transferable securities, 10.9% in UCITS and other UCIs, and 3.2% in bank deposits.
For AIFs, AIFLNPs and RAIFs, it said 30.7% of assets under management related to investments in private equity, 17% were invested in real estate and 14.5% in hedge funds.
CySEC said investments in funds of funds accounted for 9.7% of total assets under management, while the remaining 28.1% were classified under other.
What do you think is driving the quarterly increase in assets under management in the collective investments sector?