Home » Economy » Moroccan UCITS Market Sees Impressive Growth in Assets Under Management, According to AMMC

Moroccan UCITS Market Sees Impressive Growth in Assets Under Management, According to AMMC

by Alexandra Hartman Editor-in-Chief

2023-10-27 19:33:00

Barlamane.com | 20:33 – October 27, 2023

The net assets under management of undertakings for collective investment in transferable securities (UCITS) stood at nearly 569.7 billion dirhams (billion dirhams) as of October 20, up 13.74% year-on-year, according to the Moroccan Capital Market Authority (AMMC).

Short-term bond UCITS (OCT) and equity UCITS posted the best annual variations with +86.60% and +16.56% respectively, while contractual UCITS recorded the largest decline (-20.22%). , according to weekly statistics from the AMMC, as of October 20, 2023.

In monthly variation, OCT UCITS experienced the best evolution, i.e. +22.43%.

The number of active UCITS reached 573 funds during the same period.

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