Cyprus is poised to win some share of the offshore business moving into regulated onshore jurisdictions.
CyprusProfile.com asked Cyprus Investment Funds Association (CIFA) President CEO Angelos Gregoriades which key areas of opportunity or growth he sees in the funds sector, and what his expectations are for Cyprus in 2019.
Cyprus finished 2018 positively with an increase of 10% in total Assets under Management, 2019 can be looked with confidence with opportunities for Cyprus within the global trends including China’s further opening up of its securities market, the Private Equity model which long track-record is anticipated to continue. Further with the changes in the global tax environment Cyprus is poised to win some share of the offshore business moving into regulated onshore jurisdictions.