Asset Management

BlackRock Saudi Arabia and the Public Investment Fund signed a memorandum of understanding on Tuesday which entitles the former to establish a Riyadh-based multi-asset investment platform. It will be anchored by an initial investment…
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Asset management activity revenues of capital market institutions in Saudi Arabia reached SR4.2 billion ($1.12 billion) in 2023, representing a rise of 58.6 percent in four years. According to Abdullah bin Ghannam, deputy for listed…
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Assets managers in Saudi Arabia are set to receive additional support from the Public Investment Fund through two new initiatives. The organization announced the Managers Gate Platform and the Portfolio Management Development Program on…
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