‎Fitch sees Saudi asset management industry to exceed SAR 1.3T by 2026

Saudi Arabia’s asset management industry will likely attract steady inflows in 2025 and 2026, with assets under management (AUM) to surpass SAR 1.3 trillion ($350 billion), Fitch Ratings said in a report.

The increase was driven by a growing investor base, favorable demographics, ongoing reforms, deeper capital markets, and accelerating digital transformation initiatives.

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However, Fitch noted that the market remains exposed to global volatility, including the recent increase in US tariffs, adding that oil price fluctuations remain one of the key factors that could impact the industry.

The Capital Market Authority (CMA) said AUMs held by licensed financial institutions exceeded SAR 1 trillion at the end of Q4 2024, reaching SAR 1.05 trillion, an increase of 6% or SAR 55.7 billion ,compared to the previous quarter, data compiled by Argaam showed.

Saudi Arabia’s asset management industry will likely attract steady inflows in 2025 and 2026, with assets under management (AUM) to surpass SAR 1.3 trillion ($350 billion), Fitch Ratings said in a report.

The increase was driven by a growing investor base, favorable demographics, ongoing reforms, deeper capital markets, and accelerating digital transformation initiatives.

However, Fitch noted that the market remains exposed to global volatility, including the recent increase in US tariffs, adding that oil price fluctuations remain one of the key factors that could impact the industry.

The Capital Market Authority (CMA) said AUMs held by licensed financial institutions exceeded SAR 1 trillion at the end of Q4 2024, reaching SAR 1.05 trillion, an increase of 6% or SAR 55.7 billion ,compared to the previous quarter, data compiled by Argaam showed.