MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Qatar
business. In 2012, over 60% of new firms licensed in the Qatar Financial Centre have
been local domestic firms.
It has been a busy and successful period for Qatar’s financial services industry but the
strong indications are that the conditions are in place to ensure that we will be even
busier in the months and years to come.
Fund Trends
In 2012H1, assets under management in selected funds (including those domiciled
abroad) sponsored by entities based in Qatar increased by 0.1%. Net outflows from
these funds are estimated at circa US$ 6 million. In 2011, assets under management
in these funds rose by 11.5%. Net inflows to these funds are estimated at circa US$
59.3 million. In 2012H1, assets under management in selected locally domiciled funds
fell by 2.4%. Net outflows from these funds are estimated at circa US$ 4.4 million. In
2011, assets under management in these funds fell by 9.9%. Net outflows from these
funds are estimated at circa US$ 17.4 million.
Mutual Funds of Selected Sponsors by Assets
(millions of U.S. dollars, June 2012)
Rank
Fund Name Type Fund Manager AuM
1 Qatar Investment Fund Equity Epicure Managers Qatar 227.8
2 EFH Global Sukuk Plus Fixed Income Qatar Islamic Bank UK 213.0
3 Al Rayan GCC Q class Equity Al Rayan Investment 44.4
EFH Islamic Financial
4
Institutions
Equity Qatar Islamic Bank UK 28.4
5 Watani 1 Equity QNB Bank Privee 22.3
6 Al Waseela Q class Equity EFG-Hermes 19.5
7 Al Beit Al Mali Equity Global Investment House 16.6
8 Watani 2 Equity QNB Bank Privee 15.0
9 Al Waseela F class Equity EFG-Hermes 14.4
10 Al Rayan GCC F class Equity Al Rayan Investment 10.8
11 Qatar Gate Q class Equity Amwal 9.4
12 Qatar Gate N class Equity Amwal 4.9
Source: Websites, Lipper Rankings, Lipper, a Thomson Reuters company
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