State Street launches Saudi Arabia active equity ETF with $100m PIF backing
State Street Investment Management has launched the Saudi Arabia Enhanced Active Equity UCITS ETF, giving European investors a first active ETF route into Saudi equities. The Saudi state’s Public Investment Fund (PIF) has provided a $100m anchor investment. The launch extends the partnership between the two groups after PIF’s $200m seed investment in State Street’s […]
State Street Investment Management has launched the Saudi Arabia Enhanced Active Equity UCITS ETF, giving European investors a first active ETF route into Saudi equities. The Saudi state’s Public Investment Fund (PIF) has provided a $100m anchor investment. The launch extends the partnership between the two groups after PIF’s $200m seed investment in State Street’s […]
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