SEDCO Capital Partners with Tadawul to Promote the Saudi Stock Exchange Globally

SEDCO Capital, is heading on a three week international roadshow with Tadawul following the opening of the Saudi Stock Exchange to Qualified Foreign Investors (QFIs) in June of this year. 

In line with the Saudi Stock Exchange’s medium-term strategy to internationalise and institutionalise one of the biggest and most liquid emerging market exchanges, the roadshow will cover three major financial hubs across three continents; Singapore, London and New York.

Each stop of the roadshow will feature a mixture of panel discussions and presentations to give insights about the Saudi market and economy, in addition to one-to-one meetings between a high-level delegation of listed Saudi companies and international investors, analysts and commentators. 

Hasan Al Jabri, CEO of SEDCO Capital said: “This international roadshow marks a very important milestone in the journey of both the Saudi economy and Tadawul. It will showcase the significant opportunities that the Saudi Stock Market holds for international investors across the globe, as a major ‘emerging markets’ player.”

“Saudi Arabia plays a vital role in the global financial system; the depth of the Saudi market, evolving corporate governance standards, strong local economy and a solid financial system are undoubtedly Tadawul’s core strengths.” He added.

Yazan M. Abdeen, Lead MENA Fund Manager & Head of MENA Liquid Assets at SEDCO Capital, who will be speaking in two out of these three conferences said:  “During this roadshow we will narrate to international investors the story of the Saudi economy from a global perspective and showcase the diversification benefits that the Saudi market offers to global investors investing in emerging and developed markets.”

“At SEDCO Capital, our team has the local know-how and speaks the global investment language. Exposure to the Saudi market cannot be driven by passive top down allocation. Due to sector and stock specific concentrations, Saudi's optimal exposure has to be managed by an active manager that understands the market and is based on the ground, and from this we implement a disciplined fundamentally-driven investment process that is stock-selection oriented in its style. “

“We believe four pillars define our unique positioning; a fundamentally-driven, socially-responsible and financially prudent philosophy, a disciplined, research-based, scientific process and approach that is stock-selection focused, run by a solid team with international asset management experience with the longest top quartile track-record in the region.” He added.

Saudi Arabia is one of the largest emerging market exchanges in the world, it represents nearly 50% of the US$1.6 trillion Gulf economy and is the 19th largest economy in the world.  The average daily liquidity is more than $2.3bn, making it the seventh largest and fourth most liquid global emerging market. It has a solid track record of financial stability, where it provides growth without the associated common currency and political risks, it also holds one of the world’s largest reserves of hard currency at $650 bn.