As of March 6, 2026, the net assets under management of collective investment schemes (CIS) decreased to 795.5 billion dirhams (approximately $79.5 billion), representing a weekly decrease of 0.48%, according to the latest data from the Moroccan Association of Management Companies and Investment Funds (ASFIM). This decline comes in a climate of nervousness in international financial markets, marked by escalating tensions in the Middle East and rising oil prices, which has revived risk aversion.
Strong correction in equity funds
Equity CIS show the most pronounced correction during the period: their assets dropped by 6.17% in one week, falling from 76.43 to 71.71 billion dirhams. This movement reflects the selling pressure observed in equity markets in a risk-averse environment.
Diversified CIS also did not escape the downward trend. Their assets decreased by 2.93%, to 106.08 billion dirhams, compared to 109.28 billion a week earlier.
Bonds remain the cornerstone of the market
Medium and Long Term Bond CIS confirm their dominant category status, with a slight increase in assets of 0.25%, to 362.61 billion dirhams (compared to 361.70 billion the previous week). On the other hand, Short Term Bond CIS recorded a limited decline of 0.14%, with assets amounting to 128.46 billion dirhams (compared to 128.64 billion).
Movement towards money market funds
Money Market CIS, on the other hand, benefited from a reallocation towards more defensive investments. Their assets increased by 2.41%, rising from 112.08 to 114.78 billion dirhams.
Despite this weekly decline, the one-month trend remains upward, suggesting a still favorable underlying dynamic for the Moroccan collective investment industry.
