Cyprus is strengthening its role as a growing international hub for investment funds, with assets under management now surpassing €9 billion, according to figures presented at the Annual General Meeting of the Cyprus Investment Funds Association (CIFA).

CIFA President Maria Panayiotou credited the sector’s growth to strategic planning, strong regulation, and international trust. Over 330 licensed investment entities now operate in Cyprus, reflecting confidence in the country’s financial environment.

Key discussions at the AGM focused on upcoming reforms, including a long-awaited law for fund administrators, foreign direct investment (FDI) screening, and tax changes aimed at boosting competitiveness.

CIFA is working closely with regulators like CySEC to update legislation for alternative investment funds and partnerships, ensuring alignment with EU standards. It also collaborates with Invest Cyprus to promote the sector abroad and identify areas for improvement through market analysis.

CIFA’s outreach is expanding, with upcoming promotional efforts planned in Germany and the Middle East—regions showing strong investor interest. Nationally, the association is supporting financial education and skills development within the industry. The event concluded with a discussion on ESG investments, emphasizing the importance of sustainability in global finance.