Assets of Saudi investment funds jump 20% in 2019

The total value of assets held by investment funds in Saudi Arabia jumped 20% year-on-year (YoY) to SAR 349.5 billion in 2019, data issued by the Capital Market Authority (CMA) showed.

The number of investment funds increased to 607 in 2019 compared to 542 in 2018, including 253 public funds and 354 private funds.

The total value of assets held by private funds increased by 6% YoY to SAR 189.5 billion in 2019. Private funds accounted for 54% of total fund assets in the Kingdom.

The value of assets of public investment funds grew by 43% from the previous year to SAR 160 billion.

The number of subscribers in Saudi investment funds dropped to around 334,200 in 2019 from 336,500 a year earlier.

Saudi-based Mutual Funds (Activity YoY)
Period	Ownership Type	Number of funds	Number of Subscribers	Asset Base (SAR bln)
2018	Public	249	332.6	111.9
	Private	293	3.9	178.3
	Total	542	336.5	290.2
2019	Public	253	329.7	160.0
	Private	354	4.5	189.5
	Total	607	334.2	349.5
Variation		+12%	(1%)	+20%

The value of assets held by money markets, as well as equity and real estate funds represented 92% of total public funds’ assets.

Public Funds Arranged by Investment in FY2019
Asset Class	Number of funds	Number of Subscribers	Value of assets (SAR bln)
Money Markets	46	39051	106.80
Equities	137	148367	20.67
REITs	17	127593	19.07
Real Estate	9	7141	7.95
Holding	25	5478	2.84
Debt Instrument	7	752	1.93
Balanced	2	293	0.06
ETFs	3	461	0.04
Other	7	603	0.61
Total	253	329739	159.96

Meanwhile, the value of assets held by equity and real estate funds came in at SAR 114.5 billion and SAR 58.5 billion respectively, accounting for 91% of the total assets of private funds.

Private Funds Arranged by Investment FY2019
Asset Class	Number of funds	Number of Subscribers	Value of assets (SAR bln)
Equity	149	1820	114.50
Real Estate	116	2168	58.46
Multi-Assets	59	132	7.84
Debt Instrument	9	80	5.18
Money Markets	7	103	2.26
Financing	10	151	0.46
Commodities	1	4	0.38
Hedge & Derivatives	1	5	0.33
Feeding	2	24	0.06
Total	354	4487	189.46

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Most Read

Market Indices

Popular Links

Quick Links

About Us

Join Us

Follow Us