Offshore Investment will be hosting the 6th Offshore Investment Conference Panama on 8-9 March, with a key theme being the restoration of trust and credibility amidst ongoing significant fiscal reforms globally intended to encourage even greater levels of tax transparency. Taking place at the Hilton Hotel on the 8th & 9th March, will again connect the […]
Cyprus has become an associate member of the International Capital Markets Association (ICMA), the Cyprus Investment Funds Association (CIFA) announced. ICMA, the association for the global sell-side and buy-side industry, will support the development of Cyprus’ position as an emerging European funds jurisdiction, the local industry body said. CIFA’s affiliation with the ICMA follows its upgrade to […]
Cyprus is making a bid for funds business from London by offering a pathway to continued Mifid and other EU regulation-compliant business once the Brexit split between the UK and the EU is formally concluded. The Cyprus Investment Funds Association (Cifa) has outlined its domicilation arguments, noting that the jurisdiction has already attracted some 162 […]
The Cyprus Investment Funds Association (Cifa) has been given formal membership by the European Fund and Asset Management Association (Efama) during the body’s annual general meeting on 17 June. Before, Cifa has completed a two year observer status. A pair of legislative amendments into Cyprus’ alternative investment fund laws is to strengthen the legal and […]
Cyprus fixed income plays: Stephane Fertat, T. Rowe Price fixed income portfolio specialist When Cyprus came back to market back in April 2015 with the announcement of new seven-year bonds, we saw an opportunity to invest into an improving country. While rating agencies still rate Cyprus as a B- rated country, we expect on our […]
While both eurozone and EU27 GDP went up by 0.3%, Cyprus economy shrunk by 1.4% compared with Q1 of 2013 – Eurostat
Ignis Asset Management’s Stuart Thomson has identified five countries across Europe which could be the epicentre for the next leg of the region’s financial crisis.
Andrew Wilson, head of investment at Towry, says it is still difficult to find reason to add eurozone assets.
Salman Ahmed, strategist on the Global & Emerging Fixed Income team at Lombard Odier Investment Managers, sees a number of key lessons for investors in the recent way Cyprus was treated as a eurozone member.
Ruth Lea, economic adviser to the Arbuthnot Banking Group, sees Cyprus continuing to play the role of a thorn in the Eurogroup’s side, amid ongoing concerns over the pace of eurozone economic recovery.
The likelihood of any Eurozone member state exiting the currency bloc remains virtually nil. This applies to Cyprus no less than it does to a far larger country, such as Spain for example, because the critical concern is that of precedent for the region rather than any individual member state per se.
Putting aside developments in and around Cyprus, the real challenge to the eurozone is how to reconcile still significantly different levels of competitiveness, argues CrossBorder Capital.