Bahrain future fund reports 20% increase in assets

Assets under management (AuM) in Bahrain’s future generations reserve fund have increased by 20.4% for the fiscal year.

As of the end of December 2021, AuM totaled US$626.9 million while total income reached $50.8 million.

The fund also reported a return on investments of 10.4% and an average return of 7.4% over the last five years.

According to finance and national economy minister Shaikh Salman bin Khalifa Al Khalifa, the positive results were down to “constant monitoring of economic and political developments, taking advantage of opportunities in the markets, in addition to monitoring the distribution of the portfolio’s assets and restructuring them in line with the expectations of the global economic situation”.

“In the coming period, the board will continue its efforts to achieve the growth and sustainability of assets for future generations,” said Al Khalifa.

©2022 funds global mena

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