THE MIDDLE EAST’S
Top 30 Asset Management
Companies 2022
![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2022/09/06113629/8.Wafa-Gestion.jpg)
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.