A Saudi man looks at the computer showing stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019. REUTERS/Stringer
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Saudi Arabia's inclusion in the MSCI developing-economies equity benchmark has failed to pull in active emerging-market funds because of high valuations and reputation risks, an analysis by Copley Fund Research showed.However, the stocks have found little love from global emerging markets funds, 85 percent of which have yet to invest any money at all, Steven Holden at Copley found, analyzing monthly filings from 193 such funds with a total of around $350 billion in assets under management.The Saudi benchmark enjoyed a stellar start to the year, climbing more than 20 percent in the first four months of 2019 .MSCI's Saudi domestic index has risen 1.9 percent over the same period.
FOLLOW THIS ARTICLE