{"id":140297,"date":"2026-05-07T10:48:09","date_gmt":"2026-05-07T08:48:09","guid":{"rendered":"https:\/\/lexpertjournal.net\/fr\/?p=140297"},"modified":"2026-05-07T10:48:09","modified_gmt":"2026-05-07T08:48:09","slug":"les-societes-de-gestion-des-performances-qui-differencient-les-grands-des-petits","status":"publish","type":"post","link":"https:\/\/lexpertjournal.net\/fr\/?p=140297","title":{"rendered":"Les soci\u00e9t\u00e9s de gestion : des performances qui diff\u00e9rencient \u00ab les grands \u00bb des \u00ab petits \u00bb"},"content":{"rendered":"<p>Le Conseil des March\u00e9s Financiers vient de publier les \u00e9tats financiers des soci\u00e9t\u00e9s de gestion qui op\u00e8rent sur la bourse de Tunis. Des r\u00e9sultats qui marquent encore une fois la diff\u00e9rence entre \u00ab\u00a0les grands\u00a0\u00bb et \u00ab\u00a0les petits\u00a0\u00bb, entre des soci\u00e9t\u00e9s qui mobilisent les capitaux et r\u00e9alisent des r\u00e9sultats nets importants, et des soci\u00e9t\u00e9s qui arrivent \u00e0 peine \u00e0 d\u00e9gager un b\u00e9n\u00e9fice. Selon les derniers chiffres officiels les soci\u00e9t\u00e9s de gestion en Tunisie g\u00e8rent un capital de plus de 7000 millions de dinars d\u2019actifs en 2024 contre plus de 5000 millions de dinars en 2023.<\/p>\n<p>Sur la bourse de Tunis op\u00e8rent 29 soci\u00e9t\u00e9s de gestion, 7 d\u2019entre elles n\u2019ont pas publi\u00e9 leurs \u00e9tats financiers jusqu\u2019\u00e0 pr\u00e9sent. 3 ont un r\u00e9sultat net n\u00e9gatif\u00a0: Amen Capital, GMP Capital et UGFS Venture Capital.<\/p>\n<p>La meilleure performance en termes de r\u00e9sultat net est incontestablement Tunisie valeurs Asset Management avec 12.2 millions de dinars. Tunisie Valeurs est le leader du march\u00e9 boursier en Tunisie que ce soit au niveau de l\u2019interm\u00e9diation que de la gestion. La soci\u00e9t\u00e9 de gestion d\u00e9tient plus de 27% de part de march\u00e9.<\/p>\n<p>En deuxi\u00e8me position on retrouve Zitouna Capital, filiale de la Banque Zitouna et qui a \u00e9t\u00e9 cr\u00e9e en 2019 avec un r\u00e9sultat net de 4 millions de dinars.\u00a0 La soci\u00e9t\u00e9 de gestion est en train de r\u00e9aliser des performances importantes avec un rendement d\u2019une croissance annuelle de 55% et un rendement de plus de 50%. Zitouna Capital g\u00e8re plus de 9 fonds d\u2019une valeur variant entre 30 et 60 millions de dinars. En 3<sup>\u00e8me<\/sup> position on retrouve GAT investissement avec un r\u00e9sultat net de 2.9 millions de dinars.<\/p>\n<p>La soci\u00e9t\u00e9 de gestion UGFS de notre ami Mohamed Saleh Frad n\u2019arrive qu\u2019en 5<sup>\u00e8me<\/sup> position avec un r\u00e9sultat net de 1.4 millions de dinars.<\/p>\n<p>Pour le reste des soci\u00e9t\u00e9s de gestion le r\u00e9sultat net n\u2019est que quelques dizaines de milliers de dinars.<\/p>\n<p>En termes de capitaux propres avant affectation c\u2019est GAT Investissement qui se d\u00e9tache du lot avec un capital de 58.5 millions de dinars, suivie de Tunisie Valeurs Asset Mangement avec 12.8 millions de dinars et UGFS North Africa avec 11.1 millions de dinars.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Le Conseil des March\u00e9s Financiers vient de publier les \u00e9tats financiers des soci\u00e9t\u00e9s de gestion qui op\u00e8rent sur la bourse de Tunis. Des r\u00e9sultats qui marquent encore une fois la diff\u00e9rence entre \u00ab\u00a0les grands\u00a0\u00bb et \u00ab\u00a0les petits\u00a0\u00bb, entre des soci\u00e9t\u00e9s qui mobilisent les capitaux et r\u00e9alisent des r\u00e9sultats nets importants, et des soci\u00e9t\u00e9s qui arrivent [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":140298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,28],"tags":[],"class_list":["post-140297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualites","category-economie"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.9 (Yoast SEO v24.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Les soci\u00e9t\u00e9s de gestion : des performances qui diff\u00e9rencient \u00ab les grands \u00bb des \u00ab petits \u00bb - L&#039;expert Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lexpertjournal.net\/fr\/?p=140297\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Les soci\u00e9t\u00e9s de gestion : des performances qui diff\u00e9rencient \u00ab les grands \u00bb des \u00ab petits \u00bb\" \/>\n<meta property=\"og:description\" content=\"Le Conseil des March\u00e9s Financiers vient de publier les \u00e9tats financiers des soci\u00e9t\u00e9s de gestion qui op\u00e8rent sur la bourse de Tunis. 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