MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
MENA Asset Management Survey 2012 - National Bank of Abu Dhabi
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Middle East & North Africa<br />
Estimated Fund Flows<br />
(millions <strong>of</strong> U.S. dollars, 2011)<br />
Fund <strong>Asset</strong>s Fund Type Net Flows<br />
2010 2011<br />
5,980 6,508 Trade Finance 526<br />
428 456 Sukuk 26<br />
2,212 872 Sector (1,340)<br />
1,497 3,007 Other 1,510<br />
39,569 32,119 Money Market (7,435)<br />
97 28 IPO (72)<br />
615 559 Index (51)<br />
283 333 Hedge Funds 52<br />
994 951 Fund <strong>of</strong> Funds (42)<br />
22,424 21,758 Fixed Income (665)<br />
807 396 Feeder (403)<br />
21,570 17,555 Equity (4,009)<br />
34 37 Capital Protected 3<br />
3,666 2,549 Balanced (1,115)<br />
Source: Lipper, a Thomson Reuters Company<br />
Top 20 <strong>MENA</strong> Mutual Funds by <strong>Asset</strong>s<br />
(millions <strong>of</strong> U.S. dollars, June <strong>2012</strong>)<br />
Fund Name Type Sponsor AuM<br />
1 AlAhli Saudi Riyal Trade Fund Money Market NCB Capital 3,464<br />
2 Beltone Banque Misr Money Mkt EGP Money Market Beltone Fund Man. 2,799<br />
3 SAR International Trade Finance Trade Finance Samba Cap & Inv. 2,539<br />
4 Al Rajhi Capital SAR Commodity Money Market Al Rajhi Capital 2,102<br />
5 Yapi ve Kredi <strong>Bank</strong> B Type Liquid Money Market Yapi Kredi Portfoy 1,872<br />
6 Is <strong>Bank</strong> B Type Liquid Money Market Is AM Inc 1,783<br />
7 AlAhli Diversified SAR Trade Money Market NCB Capital 1,647<br />
8 Garanti <strong>Bank</strong> B Type Apple Liquid Money Market Garanti <strong>Asset</strong> Mgt 1,393<br />
9 Al Ahly <strong>National</strong> <strong>Bank</strong> <strong>of</strong> Egypt IV Money Market Nat’l <strong>Bank</strong> <strong>of</strong> Egypt 1,292<br />
10 Capital Obligations Plus Fixed Income BMCE Capital Ges 1,279<br />
11 Akbank B Type Liquid Money Market Ak AM 1,215<br />
12 Oblifutur Fixed Income Wafa Gestion SA 1,167<br />
13 Attijari Tresorerie Money Market Wafa Gestion SA 1,163<br />
14 CIB Money Market Fund (Osoul) Money Market Commercial IntlAM 1,149<br />
15 CDG Prevoyance Fixed Income CDG Capital Gest 1,012<br />
16 EFG Nat’l SocGen <strong>Bank</strong> Themar Money Market <strong>National</strong> Societe 969<br />
17 RMA Cap Dynamique Equity RMA Capital S.A 825<br />
18 Irad Money Market BMCE Capital Ges 814<br />
19 TR Vakiflar <strong>Bank</strong>asi B Type Liquid Money Market Vakif Yatirim 770<br />
20 HSBC Amanah Saudi Equity Fund Equity HSBC S. Arabia 731<br />
Source: Lipper Rankings, Lipper, a Thomson Reuters Company<br />
59
Change language