Cyprus domiciled funds are now available in Vestima

MNK Risk Consulting > Our News > Cyprus domiciled funds are now available in Vestima

07.01.2019 Clearstream headlines
“Clearstream has further expanded its Vestima offering by making Cyprus domiciled investment funds eligible for order routing, settlement and custody. International customers can use their Vestima setup to directly access Cyprus domiciled funds and benefit from the same streamlined handling as for other markets.
With assets under management (AUM) having more than doubled from EUR 2.1 billion in 2012 to EUR 4.8 billion in 2018, the Cyprus fund market has seen an impressive growth.
Further insights into the Cyprus local fund market infrastructure are available in the Investment Fund Market Guide – Cyprus, that provides more information on the type of Cyprus investment funds eligible in Clearstream, the Disclosure Requirements and the Holding Restrictions.”