Saudi assets under management up 5% to SAR 740 bln in Q3 2021

28/11/2021 Argaam Special

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The total assets under management (AUMs) held by licensed asset managers (public and private funds, and private portfolios) in Saudi Arabia increased 5%, or SAR 35.6 billion, quarter-on-quarter (QoQ) to SAR 740.02 billion in Q3 2021, data from the Capital Market Authority (CMA) showed.

 

Following table shows AUMs since the beginning of 2018

 

Assets Under Management (SAR bln)

Period

Value

Variation (SAR bln)

Variation (%)

Q1 2018

395.82

+ 4.74

 +1%

Q2 2018

422.21

+ 26.39

7 %

Q3 2018

431.57

+ 9.36

2 %

Q4 2018

454.30

+ 22.73

5 %

Q1 2019

466.06

+ 11.76

3 %

Q2 2019

484.22

+ 18.16

4 %

Q3 2019

482.41

(1.81)

(0.4%)

Q4 2019

500.02

+ 17.61

4 %

Q1 2020

481.35

(18.67)

(4%)

Q2 2020

515.97

+ 34.62

 + 7 %

Q3 2020

566.71

+ 50.74

+ 10 %

Q4 2020

611.72

+ 45.01

+%

Q1 2021*

677.32

+ 65.60

+ 11 %

Q2 2021*

704.46

+ 27.14

+ 4 %

Q3 2021

740.02

+ 35.56

+ 5 %

*Updated data

 

 

Emirates NBD Capital KSA reported the highest increase in AUM of 88% to SAR 2.62 billion in Q3 2021, followed by Miyar Capital with a rise of 72%. 

 

                     Companies with Most Increase in AUMs (SAR mln)

 

Company

Q2 2021

Q3 2021

Variation

Variation (%)

Emirates NBD Capital KSA

1392.38

2620.27

1,227.89

+88%

Miyar Capital

1063.99

1833.53

769.54

+72%

Alistithmar Capital

25410.03

32013.84

6,603.81

+26%

GIB Capital

5981.13

7313.20

1,332.07

+22%

FALCOM

3313.58

4011.64

698.06

+21%

 

Meanwhile, UBS Saudi Arabia Co. reported the biggest drop in AUMs at 100% in Q3 2021. It was followed by SAUDIMED Investment Co. with a drop of 95%. 

 

                           Companies with Most Decline in AUMs (SAR mln)

 

Company

Q2 2020

Q3 2021

Variation

Variation (%)

UBS Saudi Arabia

12.14

--

(12.14)

(100%)

SAUDIMED

184.74

9.92

(174.82)

(95%)

Merak Capital

114.75

7.25

(107.50)

(94%)

Darfin Capital

30.69

5.00

(25.69)

(84%)

Investcorp

543.68

170.56

(373.12)

(69%)

 

The following table illustrates AUMs held by licensed asset managers (public and private funds, and private portfolios):

 

                                   Managed Assets by Firm (SAR bln)

 

Firm

Q2 2021

Q3 2021

Variation

Variation (%)

SNB Capital

224.72

250.45

+25.73

+11%

Riyad Capital

81.61

87.56

+5.95

+7%

Alinma Invest

66.41

68.36

+1.95

+3%

Al Rajhi Capital

59.43

58.94

(0.50)

(1%)

Jadwa Investment

41.91

42.89

+0.98

+2%

Alistithmar Capital

25.41

32.01

+6.60

+26%

Saudi Fransi Capital

19.02

21.63

+2.61

+14%

HSBC Saudi Arabia

19.29

19.36

+0.06

+0.3%

Albilad Investment

12.97

13.48

+0.51

+4%

Samba Capital

25.88

11.19

(14.68)

(57%)

Al Khair Capital

9.93

11.04

+1.12

+11%

Aljazira Capital

11.06

10.31

(0.75)

(7%)

ANB Invest

9.55

9.94

+0.39

+4%

Alpha Capital

9.54

9.50

(0.04)

(0.4%)

BlomInvest

7.02

7.34

+0.31

+4%

GIB Capital

5.98

7.31

+1.33

+22%

Ashmore Saudi Arabia

6.80

7.10

+0.30

+4%

Derayah Capital

6.82

6.83

+0.01

+0.2%

Morgan Stanley Saudi Arabia

6.05

6.51

+0.46

+8%

Al Khabeer Capital

5.85

6.28

+0.43

+7%

Mulkia Capital

3.68

4.03

+0.35

+10%

SEDCO Capital

4.00

4.03

+0.04

+1%

FALCOM

3.31

4.01

+0.70

+21%

Middle East Financial Investment Co. (MEFIC)

2.83

3.16

+0.33

+12%

Tharwat

3.41

3.15

(0.26)

(8%)

SICO Financial Saudi

2.86

3.14

+0.28

+10%

Emirates NBD Capital KSA

1.39

2.62

+1.23

+88%

Malaz Capital

2.45

2.44

(0.01)

(0.2%)

Value Partners

1.77

1.89

+0.11

+6%

Miyar Capital

1.06

1.83

+0.77

+72%

SHUAA Capital

1.92

1.81

(0.11)

(6%)

Alawwal Invest

1.61

1.68

+0.07

+4%

Musharaka Capital

1.42

1.55

+0.13

+9%

Adeem Capital

1.66

1.48

(0.18)

(11%)

NOMW Capital

1.37

1.40

+0.03

+3%

Itqan Capital

1.29

1.32

+0.03

+2%

Sidra Capital

1.25

1.30

+0.05

+4%

Arbah Capital

1.07

1.29

+0.22

+21%

Osool & Bakheet

1.02

1.11

+0.09

+9%

FIM Partners KSA

0.97

1.04

+0.07

+7%

Saudi Kuwaiti Finance House

1.14

1.02

(0.13)

(11%)

Swicorp

0.95

0.94

(0.01)

(1%)

Kamco Invest

0.86

0.92

+0.06

+7%

Alawwal Capital

0.89

0.87

(0.02)

(2%)

KASB Capital

1.00

0.66

(0.34)

(34%)

Anfaal Capital

0.55

0.55

--

--

Audi Capital

0.41

0.45

+0.05

+11%

Al Nefaie Investment

0.28

0.32

+0.04

+16%

Impact Capital

0.38

0.30

(0.08)

(20%)

United Financial House

0.26

0.26

--

--

Areeb Capital

0.23

0.23

--

--

Wasatah Capital

0.24

0.23

(0.01)

(3%)

Investcorp

0.54

0.17

(0.37)

(69%)

GIAMCO

0.15

0.15

--

--

Bait Al Mal Al Khaleeji

0.14

0.15

+0.003

+2%

99Hlala Capital

0.16

0.14

(0.02)

(12%)

National Wealth Management

0.13

0.13

--

--

Rekaz

0.07

0.07

--

--

Credit Suisse Saudi Arabia

0.07

0.04

(0.03)

(48%)

Aloula Geojit Capital

0.04

0.04

--

--

Investor for Securities

0.03

0.03

--

--

SAUDIMED

0.18

0.01

(0.17)

(95%)

Merak Capital

0.11

0.01

(0.11)

(94%)

Darfin Capital

0.03

0.01

(0.03)

(84%)

UBS Saudi Arabia

0.01

0.00

(0.01)

(100%)

Deutsche Securities

0.00

0.00

--

--

EFG Hermes Saudi Arabia

0.00

0.00

--

--

BNP Paribas Investment Co. KSA

0.00

0.00

--

--

Goldman Sachs Saudi Arabia

0.00

0.00

--

--

Northern Trust Saudi Arabia

0.00

0.00

--

--

Watheeq Financial Services

0.00

0.00

--

--

Saudi Venture Capital

0.00

0.00

--

--

Total

704.46

740.02

+35.56

+5%

 

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