CySEC Investment Managers’ AUM Drops 7.2% in Q3

Assets under management (AUM) of investment managers supervised by the Cyprus Securities and Exchange Commission (CySEC) reached €9.9 billion in Q3 2022. This represents declines of 7.2% and 14.7% compared to the company’s performance in Q2 2022. Q3 2021 respectively.

“The decrease in investment value is primarily due to asset write-downs, investment share redemptions, and asset disposals,” CySEC explained in a statement. release On Monday, it added that “unfavorable events and unforeseen circumstances over the past few years” made it impossible for collective investment undertaking (UCI) companies to remain unaffected.

according to CySEC

CySEC

The Cyprus Securities and Exchange Commission (CySEC) is Cyprus’ financial regulator. CySEC is one of the key oversight bodies for European securities firms and its financial regulation and operations comply with the European MiFID Financial Harmonization Act.Responsible for various functions including supervision

The Cyprus Securities and Exchange Commission (CySEC) is Cyprus’ financial regulator. CySEC is one of the key oversight bodies for European securities firms and its financial regulation and operations comply with the European MiFID Financial Harmonization Act.Responsible for various functions including supervision
read this term, the net value of all investment funds during the quarter came to €8.9 billion. These funds were invested in energy, fintech, shipping, sustainable investments, cryptocurrency sectors and more.

Showing a breakdown of assets, Cyprus Watchdog noted that €386.4m or 3.913% of AUM was invested in the energy sector, while €3.1m or 0.031% was invested in the energy sector. Fintech

Fintech

Financial technology (fintech) is defined as technology intended to automate and enhance the delivery and application of financial services. The origin of the term fintech can be traced back to his 1990s, when it was mainly used as a backend system technology for a well-known financial institution. But since then, interest in consumer services has increased and grown outside of business sectors.What purpose does fintech serve?

Financial technology (fintech) is defined as technology intended to automate and enhance the delivery and application of financial services. The origin of the term fintech can be traced back to his 1990s, when it was mainly used as a backend system technology for a well-known financial institution. But since then, interest in consumer services has increased and grown outside of business sectors.What purpose does fintech serve?
read this term€117.7m or 1.191% of shipping costs, €42.9m or 0.434% in sustainable investments and €4.5m or 0.046% in digital assets.

Additionally, CySEC noted that a total of 208 UCIs or investment funds were active during the quarter. The supervisor added that 188 of these funds, representing his 85% of total AUM, are domiciled in Cyprus.

“Out of a total of 208 UCIs, 166 are partially or wholly invested in Cyprus and these investments represent €2.4 billion or 23.8% of total assets under management. In private equity, 12.4% is real estate,” CySEC explained.

CySEC Investment Managers Increase to 333

Meanwhile, CySEC noted that the total number of management companies and UCIs increased to 333, up from 330 in the previous quarter. However, compared to Q3 2021, this number represents a significant increase of 11.74%.

According to CySEC, of ​​the 333 management companies and UCIs under its supervision, 242 are in operation, adding that 212 companies are externally managed UCIs, 43 internally managed UCIs and 78 are external fund managers. .

In addition, regulators say these companies are 46 Alternative Investment Fund Managers (AIFMs), 65 Subthreshold AIFMs, 4 Co-Investment Companies in Transferable Securities (UCITS) management companies, and both AIFMs and UCITS. I pointed out that it consists of six companies that it owns. license.

Additionally, CySEC noted that the majority (62%) of assets during the quarter were overseen by alternative investment fund managers. Companies in other categories make up the rest. 12% are subthreshold AIFMs, 17% are dual-licensed firms, 8% are UCITS managers, and only 1% are regulated UCIs supervised by foreign fund managers.

Assets under management (AUM) of investment managers supervised by the Cyprus Securities and Exchange Commission (CySEC) reached €9.9 billion in Q3 2022. This represents declines of 7.2% and 14.7% compared to the company’s performance in Q2 2022. Q3 2021 respectively.

“The decrease in investment value is primarily due to asset write-downs, investment share redemptions, and asset disposals,” CySEC explained in a statement. release On Monday, it added that “unfavorable events and unforeseen circumstances over the past few years” made it impossible for collective investment undertaking (UCI) companies to remain unaffected.

according to CySEC

CySEC

The Cyprus Securities and Exchange Commission (CySEC) is Cyprus’ financial regulator. CySEC is one of the key oversight bodies for European securities firms and its financial regulation and operations comply with the European MiFID Financial Harmonization Act.Responsible for various functions including supervision

The Cyprus Securities and Exchange Commission (CySEC) is Cyprus’ financial regulator. CySEC is one of the key oversight bodies for European securities firms and its financial regulation and operations comply with the European MiFID Financial Harmonization Act.Responsible for various functions including supervision
read this term, the net value of all investment funds during the quarter came to €8.9 billion. These funds were invested in energy, fintech, shipping, sustainable investments, cryptocurrency sectors and more.

Showing a breakdown of assets, Cyprus Watchdog noted that €386.4m or 3.913% of AUM was invested in the energy sector, while €3.1m or 0.031% was invested in the energy sector. Fintech

Fintech

Financial technology (fintech) is defined as technology intended to automate and enhance the delivery and application of financial services. The origin of the term fintech can be traced back to his 1990s, when it was mainly used as a backend system technology for a well-known financial institution. But since then, interest in consumer services has increased and grown outside of business sectors.What purpose does fintech serve?

Financial technology (fintech) is defined as technology intended to automate and enhance the delivery and application of financial services. The origin of the term fintech can be traced back to his 1990s, when it was mainly used as a backend system technology for a well-known financial institution. But since then, interest in consumer services has increased and grown outside of business sectors.What purpose does fintech serve?
read this term€117.7m or 1.191% of shipping costs, €42.9m or 0.434% in sustainable investments and €4.5m or 0.046% in digital assets.

Additionally, CySEC noted that a total of 208 UCIs or investment funds were active during the quarter. The supervisor added that 188 of these funds, representing his 85% of total AUM, are domiciled in Cyprus.

“Out of a total of 208 UCIs, 166 are partially or wholly invested in Cyprus and these investments represent €2.4 billion or 23.8% of total assets under management. In private equity, 12.4% is real estate,” CySEC explained.

CySEC Investment Managers Increase to 333

Meanwhile, CySEC noted that the total number of management companies and UCIs increased to 333, up from 330 in the previous quarter. However, compared to Q3 2021, this number represents a significant increase of 11.74%.

According to CySEC, of ​​the 333 management companies and UCIs under its supervision, 242 are in operation, adding that 212 companies are externally managed UCIs, 43 internally managed UCIs and 78 are external fund managers. .

In addition, regulators say these companies are 46 Alternative Investment Fund Managers (AIFMs), 65 Subthreshold AIFMs, 4 Co-Investment Companies in Transferable Securities (UCITS) management companies, and both AIFMs and UCITS. I pointed out that it consists of six companies that it owns. license.

Additionally, CySEC noted that the majority (62%) of assets during the quarter were overseen by alternative investment fund managers. Companies in other categories make up the rest. 12% are subthreshold AIFMs, 17% are dual-licensed firms, 8% are UCITS managers, and only 1% are regulated UCIs supervised by foreign fund managers.

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