Assets under management in the Middle East grew by $100 billion from 2021 to 2022 (CAGR 7%) to $1.3 trillion, according to BCG's Annual Asset Management Report."
The new report, Global Asset Management 2023: Turning the Tide, examines the external and internal factors shaping the asset management industry alongside the key challenges faced by asset managers. The report also highlights the transformational trajectory of asset management funds towards returning to previous levels of profitability and growth.
Source (Alkhaleej Emirati Newspaper, Edited)