Page 70 - Annual Report 2017
P. 70

| 70                                                                                                                                                                                                                                                                   71 |



       3.     Assets under management                                   As at December 2017, assets under management amounted to                       c.     All Banks (LLCs only)                                     LLC firms remained well capitalised with capital predominantly
                                                                        QAR 44.1bn, a marginal decrease from QAR 45.6bn the year before                1.     Capital adequacy                                          comprised of CET1 capital. The decreasing trend was the result of
                                                                        and well off the high of QAR 51.5bn in June 2015. Discretionary port-                                                                           lower reserves attributable to losses.
                                                                        folios were the dominant activity, with a fairly balanced distribution
                                                                        between those managed inside and outside the QFC.








           50


           45                                                                                                                                              30.0%

           40
                                                                                                                                                           25.0%

           35
                                                                                                                                                           20.0%
           30

        QAR Billions  25                                                                                                                                Percent  15.0%


           20
                                                                                                                                                           10.0%
           15
                                                                                                                                                            5.0%

           10
                                                                                                                                                            0.0%
            5                                                                                                                                                      December      March        June      September    December      March        June      September    December
                                                                                                                                                                     2015                           2016                                              2017
            0                                                                                                                                                                 CET 1    Tier 1   Total    CET1 minimum  required  Tier 1 minimum  required  Total minimum  required
            Dec-15        Mar-16        Jun-16        Sep-16        Dec-16        Mar-17        Jun-17        Sep-17       Dec-17
                           Funds  Under Management  – Non QFC Fund       Funds  under  Management  – outside QFC

                           Discretionary Portfolio Management  – in QFC  Discretionary Portfolio Management  – outside QFC
   65   66   67   68   69   70   71   72   73   74   75