MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Bahrain
Breakdown of Locally Incorporated Funds by Type
(June 2012)
Breakdown by Number
Breakdown by Assets
Bond
8.3%
Bond
10.9%
Other
33.9%
Equity
38.8%
Other
53.9%
Equity
25.2%
Real Estate
14.0%
Money
Market
5.0%
Money
Market
Real Estate 1.1%
8.9%
Source: Central Bank of Bahrain
In terms of the profiles of investors in funds in Bahrain, the share of individuals’ in
fund assets rose in 2012Q2 as a result of a decline in investments of institutions.
Individuals’ fund assets rose to 33.7% of the total in 2012Q2 as institutional
investors pulled back. In absolute terms, individuals’ assets peaked in 2008Q1 with
US$ 8.73 billion in funds. This stood at US$ 2.78 billion in 2012Q2. In 2011, individuals’
fund holdings fell by US$ 5.5 million, while institutional holdings declined by US$ 789
million. In 2012H1, individuals’ fund holdings rose by US$ 455 million, while
institutional holdings declined by US$ 589 million.
By source of funds, wholesale banks saw a US$ 236 million decline in fund assets
in 2011 and US$ 258 million in 2012H1, while retail bank fund assets were roughly
unchanged. Assets in funds offered by other institutions fell by US$ 530 million in
2011, but rose by US$ 143 million in 2012H1.
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