MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Gulf Cooperation Council Region
Assets of Mutual Funds by Domicile and Type
(millions of U.S. dollars, June 2012)
Equity
Fixed
Income
Money
Market
Other
Bahrain 778 557 16 42
Kuwait 3,880 287 307 406
Oman 497 - 9.7 -
Qatar 157 - - -
S. Arabia 8,566 179 14,348 326
UAE 724 227 7 221
Source: Lipper, a Thomson Reuters Company
Locally domiciled fixed income fund assets are relatively small in Saudi Arabia
In 2012H1, based on domicile classification, Saudi Arabia accounted for 59% of equity
funds by number and 61% by assets. Bahrain accounted for 16% of fixed income funds
by count, but 48% by assets, while Kuwait had 20% of the total fixed income funds by
count, but 25% of total fixed income fund assets. Saudi Arabia dominated the money
market funds category with 98% of total assets of such funds. These figures are
also largely the same as those at end-2011.
Breakdown of the Number of Locally Domiciled Funds by Type
(June 2012)
Bahrain Kuw ait Oman Qatar S. Arabia UAE
Other
Money Market
Fixed Income
Equity
0% 20% 40% 60% 80% 100%
Source: Lipper, a Thomson Reuters Company
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