The Cyprus fund industry has reached records of €11bn+ AuM, and pace of growth is expected to continue through 2022 and onwards. Whilst discussion around protective legislation and compliance is a key component to creating a successful ecosystem, there was little attention on the need for well-educated skilled investment professionals with the required level of ethical and professional standards to meet that growth.  

Despite the challenges, 2021 has been another successful year for the Investment Funds sector in Cyprus. The data published by the Cyprus Securities and Exchange Commission (CySEC) prove the significant but steady increase in the size of the sector.

Cyprus and Israel have long-standing political, economic, and social relations. Over the past decade, commercial and tourism ties have also become more substantial, with many Israeli companies investing in Cyprus. At the same time, many Israelis choose Cyprus for residency, acquiring houses or apartments, taking advantage of the safety the country offers and the proximity to their motherland.