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  • 31-03-21

    Morgan Stanley inaugurates investment vehicle for international investors

    (MENAFN)Morgan Stanley inaugurated an investment vehicle that permits international investors to admission the Saudi Equity Fund.

    The bank stated that the MSINVF Morgan Stanley Saudi Equity Fund is going to offer foreign investors access to the company’s on-ground investment team.

    The fund plans to offer long-term capital appreciation and enlargement by investing in securities listed on the Saudi Stock Exchange (Tadawul) and in securities given in the course of a first public offering in the Kingdom.

    According to the head of the Saudi equity team for Morgan Stanley, Najmul Hasnain, “We are confident that this launch will create great interest amongst investors and support the attraction of capital inflows into Saudi Arabia as it continues to diversify its economy through the Vision 2030 framework.”

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