KSA funds continue to rule the roost in size and performance

Total assets under management reached USD 59.5 billion at the end of the third quarter of this year. A huge part of the assets - more than a half - are invested in money market and Saudi trade finance funds. Further 25% is invested in equities. The remaining assets are allocated among fixed income securities, IPOs, protected or guaranteed funds, and many other types. The distribution of the assets in terms of number of funds however shows different figures. 40% in equities, 19% in fixed income and sukuk, and 14% in money market and Saudi trade finance are the percentages according to this aspect of distribution.