OPCVM Assets Experience 20% Growth by Year-End 2025 Despite Recent Market Corrections

Current Asset Management Overview

As of December 26, 2025, the total net assets under management in the OPCVM sector stood at 785.08 billion dirhams, marking a weekly decrease of 3.17%. This decline is primarily attributed to a correction in the equity market, with the MASI index falling by 2.44%, alongside technical year-end redemptions.

Annual Performance Highlights

Despite the recent downturn, the overall trend for the year remains significantly positive. Year-to-date figures indicate an impressive annual growth rate of 20.18%, reaffirming the essential role of OPCVM in the allocation of savings and the financing of markets, as reported by the latest statistics from ASFIM.

Category-Specific Dynamics

The performance across different OPCVM categories has shown contrasting trends. The Medium and Long-Term Bond OPCVM (OMLT) displayed relative stability, with assets totaling 373 billion dirhams, a slight decrease from 374.72 billion dirhams the previous week (-0.46%).

Conversely, the Money Market OPCVM experienced a continued decline, with assets dropping to 110.10 billion dirhams, reflecting a 6% decrease over the week. This shift is largely due to year-end cash management reallocations.

The Short-Term Bond OPCVM (OCT) saw a more pronounced decline, with assets reduced to 113.22 billion dirhams from 126.47 billion dirhams the prior week, also indicating sporadic outflows related to annual closing activities.

In the equity segment, the OPCVM Actions reported assets of 77.21 billion dirhams, down by 3.27%, closely linked to the recent corrections observed in the Casablanca Stock Exchange.

Lastly, Diversified Funds recorded assets amounting to 102.76 billion dirhams, reflecting a slight decrease of 1.25%, which indicates a degree of stability amidst short-term volatility.

Conclusion

In summary, while the OPCVM sector faced some challenges in the final weeks of 2025, the overall annual growth underscores its critical importance in the financial landscape.