THE MIDDLE EAST'S

Top 30 Asset Management
Companies 2022

8. Wafa Gestion

Country: Morocco
Assets Under Management: $13.4 billion
CEO : Reda Hilali
Date of Establishment: 1995

Wafa Gestion is 66% owned by Attijariwafa Bank and 34% by French asset management company Amundi. The firm’s total assets under management amounted to $13.4 billion in 2021, covering 94 funds and mandates in total. The firm operates through four distribution networks and is considered to be the largest investment manager in Morocco, with 25% market share since 2016.