Top 10 Fund Managers - Zawya

The Gulf's top ten fund managers control $20-billion, or 72% of assets under management, in the region's mutual funds industry.

NCB Capital has more assets under management (AUM) than any other in the region and commands nearly 21% of market share by the first quarter of the year, according to Kuwait Financial Centre, or Markaz research.

Indeed, the Gulf asset management industry is dominated by Saudi institutions, with Sambacapital, Riyad Capital, Al Rajhi Capital, HSBC Saudi and Caam Saudi Fransi, among the top 10 managers.

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