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MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

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Bahrain<br />

Average <strong>Asset</strong>s <strong>of</strong> Funds<br />

(millions <strong>of</strong> U.S. dollars, end <strong>of</strong> period, annual data except for October <strong>2012</strong>)<br />

US$ million<br />

50<br />

45<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

5<br />

0<br />

Fund <strong>Asset</strong>s/ Number <strong>of</strong> All Funds<br />

Islamic Fund <strong>Asset</strong>s/Number <strong>of</strong> Sharia Funds<br />

Locally Incorp Fund <strong>Asset</strong>s/Number <strong>of</strong> Such Funds<br />

2003 2006 2009 Oct-12<br />

Source: Central <strong>Bank</strong> <strong>of</strong> Bahrain<br />

The growth rate <strong>of</strong> fund assets has continued to mirror that <strong>of</strong> equity markets due<br />

to the large proportion <strong>of</strong> equity fund assets in the total.<br />

Growth Rate <strong>of</strong> Fund <strong>Asset</strong>s<br />

(percentage change y-o-y, end <strong>of</strong> period, quarterly data)<br />

80<br />

% change y-o-y<br />

40<br />

0<br />

-40<br />

Fund <strong>Asset</strong>s S&P GCC Large Cap Index<br />

-80<br />

2002Q2 2004Q4 2007Q2 2009Q4 <strong>2012</strong>Q2<br />

Source: Bloomberg, Central <strong>Bank</strong> <strong>of</strong> Bahrain<br />

222

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