Saudi assets under management rise 4% in Q2 2019

04/09/2019 Argaam Special

 

The total assets under management (AUMs) held by licensed asset managers (public and private funds, and private portfolios) in Saudi Arabia grew by 4 percent, or SAR 18.14 billion, quarter-on-quarter (QoQ) to SAR 484.2 billion in Q2 2019, data from the Capital Market Authority (CMA) showed.

 

Assets Under Management

Period

Q1 2019

Q2 2019

Variation

Assets under management value (SAR bln)

 

466.08

 

484.22

 

+18.14

 

Alinma Investment’s assets under management recorded the highest increase of SAR 9.42 billion QoQ to SAR 39.99 billion in the second quarter of the year.

 

Riyad Capital came second with a rise of SAR 4.84 billion QoQ to SAR 39.33 billion.

 

Companies Saw Most Increase in Managed Assets (SAR bln)

Company

Q1 2019

Q2 2019

Variation

Alinma Investment

30.57

39.99

 + 9.42

Riyad Capital

34.49

39.33

+ 4.84

NCBC Capital

157.25

158.90

+ 1.65

Aljazira Capital

11.91

13.29

+ 1.38

Albilad Capital

9.86

11.09

+ 1.23

 

Meanwhile, Ashmore Group reported the steepest decline in the value of AUMs among peers at 1.01 billion QoQ to SAR 2.51 billion in the same period.

 

It was followed by Alkhair Capital, which saw its total asset value lower by SAR 830 million.

 

Companies Saw Most Decline in Managed Assets (SAR bln)

Company

Q1 2019

Q2 2019

Variation

Ashmore Saudi Arabia

3.52

2.51

(1.01)

Al Khair Capital

9.56

8.73

(0.83)

SIDRA Capital

2.20

1.51

(0.69)

Saudi Med

1.31

0.75

(0.56)

Jadwa Investment

25.67

25.20

(0.47)

 

Changes in the size of assets held by licensed managers are illustrated below:

 

Managed Assets by Firm (SAR bln)

Firm

Q1 2019

Q2 2019

Variation

NCB Capital

157.25

158.90

+1.65

Al Rajhi Capital

41.23

42.03

+0.80

Riyad Capital

34.49

39.33

+4.84

Alinma Invest

30.57

39.99

+ 9.42

Samba Capital

26.50

27.29

+ 0.79

Jadwa Investment

25.67

25.20

(0.47)

Alistithmar Capital

17.64

17.84

+0.20

HSBC Saudi Arabia

14.96

15.42

+0.46

Aljazira Capital

11.91

13.29

+ 1.38

Saudi Fransi Capital

11.63

11.45

(0.18)

Albilad Investment

9.86

11.09

+1.23

Al Khair Capital

9.56

8.73

(0.83)

ANB Invest

5.80

5.94

+0.14

BlomInvest

5.80

5.71

(0.09)

Al Khabeer Capital

5.14

5.17

+0.03

Muscat Capital

4.61

4.59

(0.02)

SEDCO Capital

4.00

3.90

(0.10)

Derayah Capital

3.47

3.40

(0.07)

The Investor for Securities

3.39

3.39

--

 GIB Capital

3.28

3.35

+0.07

Middle East Financial Investment Co. (MEFIC)

3.50

3.22

(0.28)

Malaz Capital

2.49

2.55

+0.06

Ashmore Saudi Arabia

3.52

2.51

(1.01)

Tharwat

1.46

2.12

+0.66

Alawwal Invest

1.88

2.05

+0.17

Morgan Stanley

1.94

1.95

+0.01

FALCOM

1.56

1.78

+0.22

Adeem Capital

2.08

1.70

(0.38)

Alawwal Capital

1.42

1.65

+0.23

SIDRA Capital

2.20

1.51

(0.69)

Shuaa Capital

1.50

1.50

--

Emirates NBD KSA

1.37

1.37

--

Swicorp

1.28

1.27

(0.01)

Audi Capital

1.26

1.26

--

NOMW Capital

1.12

1.24

+0.12

KASB Capital

1.19

1.20

+0.01

Mulkia Capital

1.20

1.05

(0.15)

Osool & Bakheet

0.97

0.94

(0.03)

Alpha Capital

0.57

0.93

+0.36

Itqan Capital

0.67

0.87

+0.20

Musharaka Capital

0.86

0.86

--

Saudi Med

1.31

0.75

(0.56)

Investcorp

0.69

0.69

--

Global Investment House

0.65

0.66

+0.01

Anfaal Capital

0.55

0.55

--

Wasatah Capital

0.45

0.45

--

Saudi Kuwaiti Finance House

0.43

0.42

(0.01)

Ittehad Capital

0.26

0.26

--

GIAMCO

0.28

0.24

(0.04)

Maceen Capital

0.24

0.24

--

Arbah Capital

0.19

0.19

--

Bait Al Mal Al Khaleeji

0.11

0.12

(0.01)

National Wealth Management

0

0.04

+0.04

Al Nefaie Investment

0.04

0.04

--

UBS Saudi Arabia

0.02

0.02

--

Vision Capital

0

0.20

+0.20

Hermes KSA

0.02

0

(0.02)

Goldman Saches

0

0

--

Deutsche Securities

0

0

--

Aloula Geojit Capital

0

0

--

Ithraa Capital

0

0

--

BNP PARIBA Saudi Arabia

0

0

--

Gulf One Capital

0

0

--

Credit Suisse

0

0

--

Northern Trust

0

0

--

Saudi Venture Capital

0

0

--

Darfin Capital

0

0

--

Total

466.08

484.22

+18.14

 

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