« Back to News

GCC asset management market set to hit $500bn mark by 2026

The asset management market in the Gulf Cooperation Council (GCC) is projected to continue growing above the global average, reaching nearly $500 billion in onshore assets by 2026, a leap from $400 billion at the end of 2022, according to a new report by Strategy& Middle East, part of the PwC network.

“This projected growth underscores the potential of the GCC asset management industry amidst global economic challenges. Despite the region’s preference for offshore investing, increasing product sophistication and supportive regulatory initiatives are making onshore investment more appealing” said Jorge Camarate, Partner at Strategy& Middle East, and the leader of the firm’s Financial Services practice.

Link: https://www.tradearabia.com/news/BANK_412687.html

® JIAC 2017 – C.F. 97866940584 - Credits