Assets held by Saudi investment funds rise 2% in Q3

The total value of assets held by investment funds in Saudi Arabia rose 2 percent quarter-on-quarter (QoQ) to SAR 112.7 billion in the third quarter of this year, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

The increase was driven by a 2 percent rise in the total value of assets held by local and foreign investment funds in Q3.

Assets of Mutual Funds (SAR bln)
Variation	Q3 2017	Q2 2017	Period
+2.1%	87.92	86.13	Local assets
+1.8%	24.73	24.29	Foreign assets
+2.0%	112.65	110.43	Total

Assets held by investment funds include local and foreign stocks, bonds, real estate investments and other assets.

The total number of investment funds stood at 278 by the end of Q3 2017, the data showed.

Meanwhile, the number of subscribers in investment funds increased to 235,200 in Q3 from 224,400 in 2016, but dropped 59 percent compared to 2005.

Assets of Investment Funds (SAR bln)
Variation	Total	Foreign assets	Local assets	Period
--	136.97	21.31	115.66	2005
(39%)	84.11	22.77	61.34	2006
+25%	105.10	25.21	79.89	2007
(%29)	74.81	13.55	61.26	2008
+20%	89.55	15.41	74.14	2009
+6%	94.74	20.30	74.44	2010
(13%)	82.19	17.66	64.53	2011
+7%	88.07	18.26	69.81	2012
+17%	103.18	21.32	81.86	2013
+7%	110.71	28.84	81.87	2014
(7%)	102.90	26.98	75.92	2015
(15%)	87.84	17.18	70.66	2016
+38%	112.65	24.73	87.92	Q3 2017

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

Popular Links

Quick Links

About Us

Join Us

Follow Us