Saudi investment funds assets increase 5 percent in the 1st quarter of 2014

05/05/2014 Argaam Special

 

The value of assets in Saudi investment funds rose 5 percent to SAR 108.4 billion in the 1st quarter of this year, compared to the same period last year after local investment assets had increased 9 percent, according to a quarterly report by Saudi Arabian Monetary Agency, SAMA, obtained by Argaam.

 

Investment Funds’ Assets

(SAR Billion)

Change

Q1-2014

Q4-2013

Period

+9%

88.93

81.86

Domestic Assets

(9%)

19.48

21.32

Foreign Assets

+5%

108.41

103.18

Total

 

The investment funds assets include, among other things, foreign and local shares, bonds and real estate investments.

 

Investment funds’ Assets since 2005

(SAR Billion)

Change

Total

Foreign Assets

Domestic 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

+5%

108.41

19.48

88.93

Q1-2014

 

There were as many as 240 funds in the 1st quarter of 2014 compared to 236 by the end of 2013.

The highest number of funds was established in 2008, reaching 262 before decreasing in the following years. END

 

Number of investment funds

Change

Number of Operating investment funds

Period

--

199

2005

+15

214

2006

+38

252

2007

+10

262

2008

( 18 )

244

2009

( 1 )

243

2010

+6

249

2011

( 9 )

240

2012

( 4 )

236

2013

+4

240

Q1-2014

 
 

Number of investors

Change

Number of subscribers (investors)

Period

--

568284

2005

( 68280 )

499968

2006

( 73883 )

426085

2007

( 51110 )

374975

2008

( 18644 )

356331

2009

( 35916 )

320415

2010

( 26510 )

293905

2011

( 18281 )

275624

2012

(17514)

258110

2013

(1670)

256440

Q1-2014

 

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