Manama (Ina) - reached AUM by asset management at Bahrain companies nearly $ 20 billion, in addition to $ 7 billion is from the wealth of the investment funds, the total up to 27 billion dollars , including various types of investment in mutual funds and the stock market.
the Executive Director , financial institutions Supervision , at the CBB Abdul Rahman Al Baker, in a press statement, said that the fluctuations that occur markets as a result of falling oil prices and turmoil geopolitical accompanied by many challenges and opportunities, pointing out that the investments went recently to invest in bond instruments that give good returns up to 5 or 7 percent.
among early that there is a tendency Bahrainis to invest in instruments and government bonds that became give good returns for public investors.
Baker said the investment markets in the Middle East have continued to develop dynamic in the presence of a number of key initiatives that have created conditions suitable for further progress in theasset and wealth management sectors throughout the region. Al
Baker stressed that Bahrain is still considered one of the best version centers and distribution ofinvestment funds in the region, seen the world as an international financial center, is also a financial services sector in Bahrain largest sector non - oil in addition to being the largest sector in terms of number of employees.
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