Quarter Highlights MENA Mutual Fund 2Q2015 • Saudi Arabia liberalized its market as of June 2015 and attracted almost 2 Billion dollars as a result of the opening of the market to foreign investors • Total size of Mutual Funds industry in 2Q2015 reaches 79 Billion dollars • Growth of Islamic Mutual Funds reaches 26 Billion dollars as of 2Q2015 • MENA market witnessed 26 fund launches. Contents MENA Mutual Funds Analytics.............. 2 Mutual Fund Quarterly Breakdowns ..... 3 Q2 MENA MUTUAL FUNDS INSIGHT – 2Q 2015 mena.thomsonreuters.com
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MENA MUTUAL FUNDS INSIGHT – 2Q 2015 · Q2 2015 MENA MUTUAL FUNDS INSIGHTS 2 MENA Mutual Funds Analytics MENA Mutual Funds Trend by Value and Volume 3Q14 AUMs $ (M) No. of Funds
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Quarter Highlights MENA Mutual Fund 2Q2015
• Saudi Arabia liberalized its market as of June 2015 and attracted almost 2 Billion dollars as a result of the opening of the market to foreign investors
• Total size of Mutual Funds industry in 2Q2015 reaches 79 Billion dollars
• Growth of Islamic Mutual Funds reaches 26 Billion dollars as of 2Q2015
• MENA market witnessed 26 fund launches.
Contents
MENA Mutual Funds Analytics .............. 2
Mutual Fund Quarterly Breakdowns ..... 3
Q2
MENA MUTUAL FUNDS INSIGHT – 2Q 2015
mena.thomsonreuters.com
Q2 2015 MENA MUTUAL FUNDS INSIGHTS
2
MENA Mutual Funds Analytics
MENA Mutual Funds Trend by Value and Volume
3Q14
AUMs $ (M) No. of Funds
4Q14 1Q15 2Q15
66,854 62,686 76,366 79,610
808 806
1,003986
Mutual Fund Quarterly Breakdowns – Assets Under Management
By Geographic Focus and Compliance
Fund Compliance by Assets under management
Morrocco
Saudi Arabia
Egypt
Other
Kuwait
Tunisia
GCC
MENA
Conventional $ (M)Islamic $ (M)
17.34 / 31,749.94
2.16 / 2,349.63
1,009.57 / 1,938.15
2,349.99 / 4,278.22
215.98 / 6,855.45
1,089.80 / 778.29
294.27 / 438.32
22,542.81 / 3,699.90
Financial ServicesIndustrial Manufacturing
27,522.0035%
Real EstateLeisure and TourismConstructionAgricultureHealth CareServices
Islamic $ (M)Conventional $ (M)
52,088.2265%
Q2 2015 MENA MUTUAL FUNDS INSIGHTS
3
MENA Funds Industry by Funds Flows ($m)
Fund Flows 1Q15 - 2Q15
1,250
Saudi Arabia
Lebanon
Qatar
Egypt
GCC
Tunisia
Jordan
Oman
Kuwait
UAE
MENA
Morocco
1,495.50
72.07
19.39
4.25
0.14
-0.05
-0.31
-18.85
-22.02
-81.74
-198.78
-234.55
Top MENA Mutual Funds by Sector (%)Sector Fund Name Fund Manager Quarterly Return (%)
Islamic Equity KSB IPO Fund KSB Capital CJSC 21.79%
Conventional Equity BMK IPO Fund Bait Al Mal Al Khaleeji (BMK) JSC 35.98%
Islamic Sukuk Al Hilal MENA Fund Ahli Bank SAOG – Asset Management Division (AMD) 7.88%
Conventional Fixed Income Wafra Bond Wafra International Investment KSCC 64.74%
Conventional Money Market Global KD Money Market Global Investment House KSCC 3.94%
Islamic Money Market United Bank Fund (Rakhaa) CI Asset Management 2.01%
Fund Flows by Asset Type ($m)
Fund Flow Change 1Q15-2Q15
1,250Islamic Equity
Conventional Money Market
Islamic Money Market
Islamic Sukuk
Conventional Equity
Conventional Fixed Income
1,016.33
734.46
209.98
49.50
-54.84
-981.85
Q2 2015 MENA MUTUAL FUNDS INSIGHTS
4
Sector Performance (%) – Quarterly Comparison
0.09
2.29
1.09
-8.37
0.1
2.123.31
-13.27
1.57
1.19
0.010.01
0.991.03
0.50
-0.50
0.01
0.31
-1.11
0
0.12
0.20
-0.64
0.20
Conventional Equity Islamic Equity
Conventional Fixed Income Conventional Money Market
Islamic Sukuk Islamic Money Market
Q2 2015 MENA MUTUAL FUNDS INSIGHTS
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MENA Funds LaunchesFund Name Fund Manager Asset Type Geographic Focus Type
Saudi Fransi GCC IPO Fund Saudi Fransi Capital JSC Equity Saudi Arabia Islamic
Important Notes1 This report includes only mutual funds (which are domiciled in the MENA region)
managed by asset management companies based in the MENA region.2 This report excludes real estate funds.3 Data is correct as of June 2015, Source: Lipper 4 AUM data includes only funds for which size is disclosed. Prepared by : Rayane Abbas; Email: [email protected] Amany Haddad; Email: [email protected] further information, please contact [email protected]