160 billion riyals in assets of public investment funds at the end of the third quarter
The value of assets achieved a quarterly growth of 10.4%, an increase estimated at 15,120 billion riyals, compared to 144,967 billion riyals at the end of the second quarter of this year.
Numbers of subscribers
The number of subscribers reached 1,570,452 subscribers, achieving an annual growth of 51%, an increase of approximately 528 thousand subscribers, compared to 1,042,484 subscribers at the end of the same period last year, according to what was shown in the data of the Capital Market Authority’s quarterly statistical bulletin 2024 AD.
This growth was supported by the increase in local investment assets, which achieved an annual growth of 42%, with an increase estimated at 39,598 billion riyals, reaching a total of about 134,431 billion riyals, representing 84% of the general total value of assets.
While the value of foreign investment assets recorded an annual growth of 15.1%, with an increase exceeding 3 billion riyals, reaching 25,656 billion riyals, which represents 16% of the general total value of assets.
The number of public investment funds grew by 10% on an annual basis, with an increase of 27 investment funds to a total of 310 funds.
The assets of public investment funds were distributed according to the type of investment into 14 investment types, the highest in terms of value. Money Markets assets amounted to 44,868 billion riyals, representing 28% of total assets.
Secondly, the assets of “stocks” amounted to 34,767 billion riyals, representing 27.3% of the total assets, and thirdly, the assets of “real estate investment traded funds” amounted to 29,263 billion riyals, representing 18.3% of the total assets, and fourthly, the assets of the “debt instruments” funds. “With a value of 22,236 billion riyals, representing 14% of total assets.
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