Investment funds’ assets fall in Cyprus despite rise in numbers

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The number of investment funds in Cyprus rose to 334 in September 2024 from 330 in June, whilst their total assets decreased by 0.8% to €6.80 billion, the Central Bank of Cyprus reported.

The data shows deposits and loans held by investment funds fell to €777.9 million in September from €784.7 million in June.

Securities holdings slightly decreased to €596.5 million from €596.8 million, whilst shares and related securities declined to €4.90 billion from €4.94 billion over the same period.

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