Bmce Capital Gestion

2nd largest asset manager of Moroccan mutual funds by assets as of October 9, 2026, out of 22 companies. Assets, market share and fund range.

Assets under management
103.8 Bn MAD
Market share
12.7%
Funds managed
56
Rank by assets
2nd of 22
About

Who is Bmce Capital Gestion?

BMCE Capital Gestion is the asset management arm of the Bank of Africa group (formerly BMCE Bank), part of its investment bank BMCE Capital. Licensed by the Moroccan Capital Market Authority (AMMC), it manages collective investment schemes (UCITS) marketed in Morocco.

See the parent company listed on the Casablanca Stock Exchange

Source: AMMC

Product range

Bmce Capital Gestion's fund range

Breakdown of assets under management by asset class, as of October 9, 2026.

medium and long-term bond21 funds45.7 Bn MAD · 44.0%
short-term bond5 funds22.8 Bn MAD · 21.9%
money market4 funds14.3 Bn MAD · 13.8%
diversified16 funds11.7 Bn MAD · 11.3%
equity14 funds7.0 Bn MAD · 6.8%
guaranteed3 funds2.3 Bn MAD · 2.2%
Managed funds

Funds managed by Bmce Capital Gestion

Each fund has its own public page: performance, top holdings and comparison against its benchmark.

Capital Imtiyaz Liquiditeshort-term bond12.5 Bn MADFCP Capital Obligations Plusmedium and long-term bond11.3 Bn MADFCP Capital Imtiyaz Tresoreriemoney market7.1 Bn MADIradmoney market6.7 Bn MADCapital Rendementshort-term bond6.1 Bn MADR-Mixt Performancediversified5.6 Bn MADCapital Tresormedium and long-term bond4.3 Bn MADFCP Capital Obligationsmedium and long-term bond4.1 Bn MADCMR Sanadatemedium and long-term bond3.8 Bn MADFCP Capital Taalimmedium and long-term bond3.5 Bn MADAlif IIImedium and long-term bond3.4 Bn MADFCP Capital Obligations Banques Plusshort-term bond3.1 Bn MADFCP AL Ijtimai Securitemedium and long-term bond3.0 Bn MADFCP Capital Plusmedium and long-term bond2.6 Bn MADCapital Imtiyaz Garantiguaranteed2.3 Bn MADFH2 Obligataire Dynamique IImedium and long-term bond2.1 Bn MADFCP Moustaqbal CRPdiversified1.8 Bn MADFCP Capital Serenitemedium and long-term bond1.6 Bn MADFCP Capital Multi-Gestiondiversified1.6 Bn MADFCP Capital Maghrebequity1.4 Bn MADFH2 Actionsequity1.3 Bn MADFCP Capital Institutionsmedium and long-term bond1.2 Bn MADFCP Capital Securitemedium and long-term bond1.2 Bn MADFCP Capital Indiceequity1.1 Bn MADFCP Capital Optimisationmedium and long-term bond1.1 Bn MADFCP Capital Combomedium and long-term bond1.1 Bn MADFCP Capital Imtiyaz Securitemedium and long-term bond1.1 Bn MADFCP Capital Obligations Banquesshort-term bond955.1 M MADFCP Capital Protectionequity906.1 M MADFCP Capital ISRdiversified775.1 M MADFCP Cimr Tanmyaequity753.9 M MADFCP Capital Equilibrediversified606.9 M MADMaroc Valeursequity527.8 M MADFCP Capital Participationsequity513.6 M MADFCP Capital Optimumdiversified498.6 M MADFCP Capital Balancediversified440.1 M MADFCP Capital Monetairemoney market354.7 M MADFCP Aman-FMdiversified303.6 M MADFCP Capital Actionsequity285.4 M MADFCP Capital Monetaire Plusmoney market231.7 M MADFCP Capital CATmedium and long-term bond198.0 M MADFCP Capital Actions Premiumequity194.2 M MADFCP Capital Dynamiqueshort-term bond150.8 M MADSicavenirmedium and long-term bond124.3 M MADFCP Capital Termediversified77.4 M MADFCP Capital Global Macrodiversified28.8 M MADFCP Medersat.comdiversified6.0 M MADCapital Dividendes Plusequity5.0 M MADFCP Capital Afriqueequity4.1 M MADFCP Capital Selectionequity3.3 M MADFCP Capital Long/Shortdiversified1.9 M MADFCP Capital Imtiyaz Croissancediversified1.5 M MADFCP Capital Opportunitediversified1.3 M MADFCP Capital Immobilierequity1.3 M MADCapital Rendement Plusmedium and long-term bond1.1 M MADFCP Capital Diversifiesdiversified1.1 M MADFCP Capital Aman 7.5% Europeguaranteed0.0 M MADFCP Capital Patrimoineequity0.0 M MADFCP Bmce Solidaritemedium and long-term bond0.0 M MADFCP Capital Obligations Plus (première Vie, 2013-2014)medium and long-term bond0.0 M MADFCP Capital Equilibre (première Vie, 2013-2014)diversified0.0 M MADCapital Obligations Plusmedium and long-term bond0.0 M MADFCP Capital SURguaranteed0.0 M MAD
Competitive intelligence

Bmce Capital Gestion's flows and market share trend

Weekly flows, market share evolution over time and comparison against competitors are reserved for subscribers.

••••
••
••••
••
••••
••
••••
••
Subscribers only
See plans
Market

Other asset management companies

Wafa Gestion
187.8 Bn MAD in assets · 105 funds
Upline Capital Management
102.0 Bn MAD in assets · 54 funds
CDG Capital Gestion
79.5 Bn MAD in assets · 68 funds
Valoris Management
60.4 Bn MAD in assets · 37 funds

See the full ranking of asset management companies by assets

FAQ

Frequently asked questions about Bmce Capital Gestion

Who is Bmce Capital Gestion?
BMCE Capital Gestion is the asset management arm of the Bank of Africa group (formerly BMCE Bank), part of its investment bank BMCE Capital. Licensed by the Moroccan Capital Market Authority (AMMC), it manages collective investment schemes (UCITS) marketed in Morocco.
What are Bmce Capital Gestion's assets under management?
As of October 9, 2026, Bmce Capital Gestion manages 103.8 Bn MAD in mutual fund assets, a 12.7% share of the Moroccan market.
Where does Bmce Capital Gestion rank among Moroccan asset managers?
As of October 9, 2026, Bmce Capital Gestion is the 2nd largest of 22 Moroccan fund managers by assets under management, with 103.8 Bn MAD in assets, a 12.7% market share.
How many funds does Bmce Capital Gestion manage?
Bmce Capital Gestion manages 56 funds as of October 9, 2026, according to ASFIM weekly data.
What are the largest funds managed by Bmce Capital Gestion?
Bmce Capital Gestion's largest funds by assets as of October 9, 2026 are: Capital Imtiyaz Liquidite (12.5 Bn MAD), FCP Capital Obligations Plus (11.3 Bn MAD), and FCP Capital Imtiyaz Tresorerie (7.1 Bn MAD).
Which asset classes does Bmce Capital Gestion invest in?
As of October 9, 2026, Bmce Capital Gestion's assets are spread across 6 asset classes: medium and long-term bond (OMLT) 44.0%, short-term bond (OCT) 21.9%, money market 13.8%, diversified 11.3%, equity 6.8%, and guaranteed 2.2%.

Data refreshed automatically · last update: October 9, 2026

YunaYuna

Analyze Bmce Capital Gestion against its competitors

Weekly flows, market share trends and competitive comparison, with a Yuna subscription.