 The assets under management AUM of investment management firms supervised by the Cyprus Securities and Exchange Commission CySEC reached 9.9 billion during Q3 2022. This represents a decrease of 7.2 and 14.7 when compared to the firms performance during Q2 2022 and Q3 2021, respectively. The decrease in the value of investments is mainly due to devaluation of assets, redemptions of investment shares and asset disposals, CySEC explained in a statement 