The 9th edition of the Symbiotics Microfinance Investment Vehicles (MIV) Survey has justbeen published. It is the only industry survey providing a full overview of market trends as well as a peer group analysis of global microfinance investment vehicles.
These specialized intermediaries include microfinance investment funds open to multiple and single investors. MIVs offer financial institutions serving low-income clients in emerging markets access to a
broad range of financial products.
This year 110 MIVs were identified of which 84 participated in the survey representing 96% of the total market share which is estimated at 10.4 billion U.S. Dollars of assets under management as of December 2014.
The survey confirms that European asset managers continue to represent nearly 70% of the market share with Switzerland in the leader position managing one third of microfinance assets and the Netherlands closely behind.
In terms of MIV country allocation, Cambodia leads (8%), followed by India (6.9%) and Azerbaijan (6.5%).
Now in its 9 th edition, the Symbiotics MIV Survey is carried out annually and aims to provide comprehensive market trends and peer group analysis on microfinance offshore investments. It is based on December 2014 financial and social performance indicators reported by a large number of microfinance investment vehicles.