Moroccans abroad acquire foreign investments in bonds – Hoy 24

The Moroccan Capital Market Authority reported that Moroccans residing abroad topped the list of contributors to foreign investments in collective investment agency bonds for transferable securities at the end of 2021, with an amount of 1,020 million dirhams, or the 39.6 percent of the total invested. amounts

In its report on foreign investment in financial instruments for the year 2021, the authority indicated that Moroccan residents abroad attended, followed by resident foreigners themselves and non-resident foreigners themselves, with shares of 32.4 and 17.7 percent, respectively.

The same source added that the total amount of foreign investments in bonds of collective investment agencies for transferable securities amounted to Dh2.6 billion at the end of 2021, compared with Dh2.9 billion a year earlier, a decrease of 12 percent. .

The share of foreigners in the total net assets of ITCs remained weak, falling from 0.56% in 2022 to 0.44% in 2021.

As for the share of investments by natural persons in the total of these investments, it experienced a significant increase, reaching 2,320 million dirhams, or 90 per cent of the foreign investment in bonds of collective employment agencies for securities. transferable, up from 66 percent annually. years ago.

The distribution of foreign investments in UCITS bonds for the year 2021 showed a preference for UCITS “short-term bonds”, with a 34% share, followed by UCITS “medium and long-term bonds” and then the “Cash” UCITS with shares of 20 and 17 percent, respectively.