News‎ > ‎

Active Banking Fund approval

posted 27 Mar 2012, 01:45 by Admin 1   [ updated 16 Feb 2017, 07:16 by Admin 2 ]
In February 2012, The Active Cyprus Banking Sector Fund Ltd, an International Collective Investment Scheme, sponsored by the Company received regulatory approval by the Central Bank of Cyprus.

The Active Banking Fund is an ICIS Fund approved and regulated by the Central Bank of Cyprus. It aims to deliver capital growth and consistent returns by investing in blue-chip banks in Western Europe and the US which are adequately capitalised and have a consistent track record of performance. With blue-chip bank valuations being at historically low levels post-financial crisis, the Fund has major opportunities to identify the winners and outperformers in the sector.