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MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

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Middle East & North Africa<br />

Fixed Income Funds<br />

In <strong>2012</strong>H1, fixed income fund assets increased by 1% with net inflows <strong>of</strong> US$ 195<br />

million. Sukuk funds saw net inflows <strong>of</strong> US$ 113 million, while conventional bond funds<br />

saw net inflows <strong>of</strong> US$ 83 million.<br />

In 2011, fixed income fund assets decreased by 2.8% with net outflows <strong>of</strong> US$ 638<br />

million. Sukuk funds saw net inflows <strong>of</strong> US$ 26 million, while conventional bond funds<br />

saw net outflows <strong>of</strong> US$ 665 million.<br />

Top 20 <strong>MENA</strong> Fixed Income Funds by <strong>Asset</strong>s<br />

(millions <strong>of</strong> U.S. dollars, June <strong>2012</strong>)<br />

Rank Fund Name Type Sponsor AuM<br />

1 Capital Obligations Plus Bond BMCE Capital Gestion SA 1,279<br />

2 Oblifutur Bond Wafa Gestion SA 1,167<br />

3 CDG Prevoyance Bond CDG Capital Gestion SA 1,012<br />

4 FCP Emergence Capital Bond Capital Gestion Group 676<br />

5 RMA Cap Obligations Bond RMA Capital S.A 556<br />

6 Sicav Tresor Bond Biat <strong>Asset</strong> <strong>Management</strong> 526<br />

7 CAP Obligations Bond Wafa Gestion SA 467<br />

8 Al Amal Bond Al Istitmar Chaabi SA 423<br />

9 CDG Barid Bond CDG Capital Gestion SA 411<br />

10 Wafa Assurance Securite Bond Wafa Gestion SA 386<br />

11 FCP Liquidites Bond CDG Capital Gestion SA 386<br />

12 CDG Oblig Plus Bond CDG Capital Gestion SA 362<br />

13 Blom Bond Fund Bond Blominvest <strong>Bank</strong> 345<br />

14 Sicav Prevoyance Bond Wafa Gestion SA 339<br />

15 Emergence Bond Bond Capital Gestion Group 316<br />

16 Placement Obligataire Sicav Bond BNA Capitaux 312<br />

17 CDG-Secur Bond CDG Capital Gestion SA 310<br />

18 Tunisie Sicav Bond Tunisie Valeurs S.A 309<br />

19 Oblitop Bond Wafa Gestion SA 307<br />

20 CIMR Ajial Bond Wafa Gestion SA 301<br />

Source: Lipper Rankings, Lipper, a Thomson Reuters Company<br />

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