€9.3 billion milestone reached in 2024
The Cyprus Investment Funds Association (CIFA) on Wednesday released a statement saying that it views 2025 “as a year of strategic growth and opportunity in the investment funds sector”.
“Cyprus’ investment funds sector exemplifies resilience and innovation, driving our collective vision for sustainable economic progress,” stated CIFA.
CIFA expanded on its optimistic outlook for the upcoming year, building on the sector’s notable achievements in previous years.
“Despite ongoing global uncertainties, Cyprus’ investment funds sector continues to position itself as a dynamic contributor to national economic and social prosperity,” CIFA added.
In 2024, Cyprus achieved a significant milestone with assets under management exceeding €9.3 billion—a testament to the sector’s growth and resilience.
“The year also marked an expansion of Cyprus’ global footprint, attracting new fund managers and investment opportunities, further solidifying its reputation as a European hub for Investment Funds,” CIFA explained.
This success was strengthened by strategic collaborations and the unwavering commitment of sector professionals, creating new specialised jobs and reinforcing Cyprus’ position as a resilient financial centre.
The association also said that it “remains steadfast in its mission to promote Cyprus as a premier destination for global investment funds”.
“By working closely with key stakeholders, including the Ministry of Finance, the Cyprus Securities and Exchange Commission, and Invest Cyprus, we aim to enhance the regulatory framework and facilitate innovative solutions for industry players,” CIFA added.
According to CIFA, it is imperative that pending legislation designed to modernise regulatory processes and introduce new investment structures is approved promptly.
“These updates will equip the industry with the tools required to remain competitive and aligned with international best practices,” CIFA emphasised.
Furthermore, CIFA called on all stakeholders to “prioritise this agenda, ensuring Cyprus continues to attract high-quality investments and talent”.
Recognising the importance of empowering individuals and businesses with financial knowledge, CIFA also said that it will focus in 2025 on advancing financial literacy across Cyprus.
“The association plans to launch targeted initiatives such as workshops, partnerships, and digital campaigns,” CIFA stated.
These efforts aim to “foster a deeper understanding of investment funds and financial planning, equipping citizens and professionals with the tools to make informed financial decisions,” contributing to Cyprus’ long-term economic resilience.
Meanwhile, CIFA president Maria Panayiotou also shared her vision for the year ahead.
“The success of the Investment Funds sector reflects our ability to adapt, innovate, and thrive in a competitive global environment,” she said.
“In 2025, our focus will be on sustainability, technology-driven solutions, and strengthening our partnerships across markets,” Panayiotou added.
The CIFA president also said that the association’s aim “is to drive economic growth while creating lasting value for society”.
“By leveraging the collective expertise and dedication of our sector, I am confident that we will continue to have a profound impact on Cyprus’ economy, fostering resilience and opportunity for all,” Panayiotou concluded.
