A study by Kuwait Financial Centre (Markaz) shows the GCC asset management industry with roughly 100 companies, managing about $26.5 billion in assets in 328 funds at the end of 2011. Money market funds constitute the largest share in terms of AUM (53 per cent), followed by Equities (42 per cent), Fixed income (two per cent) and specialized funds (three per cent).
On average, funds from almost all the categories generated Alpha during the six-year period. Kuwait Islamic funds, which generated negative alpha of -0.2 per cent, were the only exception.
http://www.cpifinancial.net/news/category/investments/post/15284/alpha-generation-in-the-gcc
On average, funds from almost all the categories generated Alpha during the six-year period. Kuwait Islamic funds, which generated negative alpha of -0.2 per cent, were the only exception.
http://www.cpifinancial.net/news/category/investments/post/15284/alpha-generation-in-the-gcc
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