JEDDAH: Saudi Arabia’s asset management industry remained resilient during the Iran conflict, with assets under management surpassing $340 billion in the first quarter of 2026 and projected to exceed $400 billion by 2027, Fitch Ratings said. The rating agency attributed the sector’s growth to regulatory easing, rising participation from domestic and foreign investors, and an expanding product base across mutual funds, sukuk, exchange-traded funds, and private credit. These factors have helped cushion the market against geopolitical volatility while sustaining inflows.