MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Bahrain
Top 10 Bahrain Domiciled Mutual Funds by Assets
(millions of U.S. dollars, June 2012)
Rank Fund Name Type Sponsor AuM
1 Blom Bond Fund Bond Blominvest Bank 345
2 GIC Gulf Bond Fund Bond Gulf Investment Corporation 160
3 Global GCC Large Cap Equity Global Investment House 117
4 GIC Gulf Premier Equity Gulf Investment Corporation 95
5 SICO Khaleej Equity Fund Equity Securities & Investment Co 76
6 NBK Gulf Equity Fund Equity Watani Investment Company 61
7 Al Basha'er GCC Equity Equity Kuwait Finance & Investment 58
8 Al Mada Investment Fund Equity National Investments Co 42
9 Markaz Arabian Fund Equity Kuwait Financial Centre 42
10 Makaseb Income Fund Bond Makaseb Funds Co BSC 35
Source: Lipper Rankings, Lipper, a Thomson Reuters Company
Equity Funds
In 2012H1, Bahrain domiciled equity fund assets fell by 4% compared to end-2011
and witnessed net outflows of US$ 34 million. Sector fund assets fell by 29%, while
index fund assets increased by 12%. In 2011, Bahrain domiciled equity fund assets
decreased by 21% year-on-year and witnessed net outflows of US$ 210 million. Sector
fund assets decreased by 24% and index fund assets decreased by 20%.
Top 10 Bahrain Domiciled Equity Funds by Assets
(millions of U.S. dollars, June 2012)
Rank Fund Name Type Sponsor AuM
1 Global GCC Large Cap Fund Equity Global Investment House 117
2 GIC Gulf Premier Equity Gulf Investment Corporation 95
3 SICO Khaleej Equity Fund Equity Securities & Investment Co. 76
4 NBK Gulf Equity Fund Equity Watani Investment Company 61
5 Al Basha'er GCC Equity Equity Kuwait Finance &Investment 58
6 Al Mada Investment Fund Equity National Investments Co 42
7 Markaz Arabian Fund Equity Kuwait Financial Centre 42
8 Arab Bank MENA Fund Equity Al Arabi Investment Group 32
9 NBK Qatar Equity Fund Equity Watani Investment Company 26
10 SICO Gulf Equity Fund Equity Securities & Investment Co. 23
Source: Lipper Rankings, Lipper, a Thomson Reuters Company
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