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MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

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Saudi Arabia<br />

At the end <strong>of</strong> <strong>2012</strong>Q3, SAMA data indicate that 76.5% <strong>of</strong> fund assets were domestically<br />

focused. Equity fund assets stood at US$ 7.9 billion at the end <strong>of</strong> September <strong>2012</strong>.<br />

The share <strong>of</strong> money market funds in total fund assets was 58.4% in <strong>2012</strong>Q3, up from<br />

57.5% in 2011 and remained high in historical terms as a percentage <strong>of</strong> total fund<br />

assets. Money market fund assets stood at US$ 14.2 billion (59% <strong>of</strong> the total) according<br />

to SAMA data. Share <strong>of</strong> money market fund assets had been as low as 5.9% <strong>of</strong> the total<br />

in 2005 at the peak <strong>of</strong> the stockmarket boom. Share <strong>of</strong> money market funds has<br />

historically ranged between 30% to 40%.<br />

Fund <strong>Asset</strong>s by Type<br />

(billions <strong>of</strong> U.S. dollars, end <strong>of</strong> period, annual data except for <strong>2012</strong>Q3)<br />

US$ Billion<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

Other<br />

Real Estate<br />

Money Market<br />

Bonds<br />

Equity<br />

10<br />

5<br />

0<br />

1996 2000 2004 2008 <strong>2012</strong>Q3<br />

Source: Saudi Arabian Monetary Agency

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