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Stocks Market
Moroccan Mutual Funds Surpass 800 Billion Dirhams, Driven by Bond and Money‑Market Gains
Moroccan collective investment schemes (OPCVM) posted total net assets of 807.15 billion dirhams on February 6, 2026 – a 2.6 % weekly rise that pushes the market back above the symbolic 800‑billion‑dirham mark. The surge was led by mid‑ and long‑term bond funds and money‑market funds, while equity funds saw a modest outflow. Analysts say the data signals continued investor appetite for yield in a stable monetary context, but they will watch closely whether the upward momentum can be sustained amid evolving regional economic data and global interest‑rate trends.
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On February 6, 2026, total net assets under management (AUM) for Moroccan collective investment schemes (OPCVM) rose to 807.15 billion dirhams, a weekly increase of 2.6% and pushing the market back above the symbolic 800‑billion‑dirham threshold.
Performance by fund type
- Mid‑ and long‑term bond funds (OMLT): assets grew from 359.67 bn to 372.34 bn dirhams (+3.52%).
- Short‑term bond funds (OCT): assets edged up to 126.46 bn dirhams from 125.58 bn (+0.70%).
- Diversified funds: modest rise to 105.57 bn dirhams from 105.12 bn (+0.43%).
- Money‑market funds: strongest weekly gain, jumping to 114.50 bn dirhams from 108.02 bn (+6.0%).
- Equity funds: slipped to 77.03 bn dirhams from 78.65 bn (-2.06%).
What the numbers mean
The surge in bond and money‑market allocations reflects investors’ continued search for yield amid a stable monetary environment, while equity exposure faced slight outflows. ASFIM’s latest data confirms that the Moroccan OPCVM market remains resilient, with AUM now well above the 800‑billion‑dirham milestone for the first time this year.
Analysts will be watching whether the upward trend can be sustained in the coming weeks, especially as regional economic data and global interest‑rate dynamics evolve.