Saudi investment funds' assets hit $140bln in Q3-21
Mubasher: The total value of assets held by Saudi Arabia's investment funds jumped by 26.45% year-on-year (YoY) to SAR 526.1 billion in the third quarter (Q3) of 2021 from SAR 416.06 billion.
The market capital accounted for 60.48% of the public funds' assets with SAR 145.02 billion in Q3-21.
Meanwhile, the assets of the Kingdom's private funds amounted to SAR 286.3 billion in Q3-21, up from SAR 219.99 billion in the corresponding quarter of 2020.
Equities represented 59.45% of the private funds' total assets with SAR 170.21 billion.
Meanwhile, the assets of the Kingdom's private funds amounted to SAR 286.3 billion in Q3-21, up from SAR 219.99 billion in the corresponding quarter of 2020.
Equities represented 59.45% of the private funds' total assets with SAR 170.21 billion.
