Saudi Arabia's asset management industry is expected to surpass $400 billion in 2027, according to Fitch Ratings. The agency attributed the outlook to expanding capital markets, regulatory reforms and growing foreign participation.

Fitch said the Kingdom's asset management sector, the largest in the Gulf Cooperation Council, has remained resilient despite global market volatility. Assets under management rose 20 percent year on year to approximately $370 billion in the first half of 2026.