Mutual Fund Investments in Bahrain: An Overview

Abstract

Bahrain is a host to a thriving Mutual fund industry since 1980 when the first overseas mutual fund was introduced in the Kingdom. Transition to greater openness, diversification and modernization as strong foundations of economic freedom, freedom to repatriate and transfer profits and capitals, freedom to import and export local and foreign currencies, hosting the GCC Commercial Arbitration Center and the like have greatly facilitated the kingdom in attracting the local and foreign investors. Given the history and regulatory framework in Bahrain, the financial authorities see the industry as an ideal niche market for the future.  This paper presents a portrait of the growth and the future of mutual fund investments in the Kingdom of Bahrain