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The value of Total Assets Under Management reached €7.97b in the second quarter of 2020, recording a 5.3% increase over the first quarter of the year, but a 3.7% drop compared with the fourth quarter of 2019, according to a quarterly statistical bulletin by the Cyprus Securities and Exchange Commission (CySEC). CySEC has 238 Management Companies and Undertakings of Collective Investments (UCIs) under its supervision. From these, 147 companies have operations. More specifically, it supervises 131 Externally Managed UCIs, 59 Internally …
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