The Funds Administration sector witnessed strong development in 2024, with Property Beneath Administration estimated at GH₵71.97 billion.
This was a 31% year-on-year development from GH₵55.05 billion on the finish of 2023.
In response to the 2024 Monetary Stability Evaluation, the achievement was underpinned by a powerful efficiency in a number of key segments.
A serious contributor to this growth was the pension fund phase, which continued to dominate the market.
Pension funds accounted for 72.0% of the entire AUM, amounting to GH₵51.96 billion, primarily based on marked-to-market values and adjusted knowledge from custodians. This represented a 32.0% year-on-year enhance, highlighting the resilience and sustained development of pension investments within the present financial local weather.
The Collective Funding Schemes (CIS) additionally demonstrated a notable turnaround from the 1.0 year-on-year decline in 2023, rebounding by 25.0% year-on-year, to achieve marked-to-market values of GH₵6.58 billion for the 12 months beneath evaluation.
Discretionary funds managed by fund managers equally expanded by 24.0% year-on-year to settle at GH₵12.08 billion.
The Actual Property Funding Trusts (REITs) phase (new market phase) ended the 12 months with a marked-to-market worth of GH₵545.56 million, whereas Non-public funds skilled a achieve of 5.9% to finish the 12 months with AUM on a marked-to-market foundation of GH₵802.94 million.
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