MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Saudi Arabia
Top 10 Saudi Domiciled Funds by Assets
(millions of U.S. dollars, June 2012)
Fund Name Type Sponsor AuM
1 Al Ahli Saudi Riyal Trade Fund Money Market NCB Capital 3,464
2 SAR Int’l Trade Finance Trade Finance Samba Capital 2,539
3 Al Rajhi Capital SAR Commodity Money Market Al Rajhi Capital 2,102
4 Al Ahli Diversified SAR Trade Trade Finance NCB Capital 1,647
5 HSBC Amanah Saudi Equity Equity HSBC S. Arabia 731
6 Riyad Equity Fund 3 Equity Riyad Capital 624
7 Al Razeen Riyal Fund Money Market Samba Capital 598
8 HSBC Amanah SAR Trading Trade Finance HSBC S. Arabia 569
9 Al Raed Saudi Equity Fund Equity Samba Capital 548
10 Riyad Equity Fund 2 Equity Riyad Capital 494
Source: Lipper Rankings, Lipper, a Thomson Reuters Company
Equity Funds
In 2012H1, Saudi domiciled equity fund assets under management increased by
2%. Equity funds witnessed net inflows of US$ 131 million. Sector equity fund assets
declined by 8%, IPO fund assets increased by 57.4%, while index fund assets rose by
0.2%. In 2011, Saudi domiciled equity fund assets under management declined by 12%.
Equity funds witnessed net outflows of US$ 1.14 billion. Sector equity fund assets
increased by 8.3%, IPO fund assets under management fell by 71%, while index fund
assets increased by 30%.