Saudi Fransi Capital and BlackRock have hosted a series of investment seminars across Saudi Arabia to introduce BlackRock’s Global Fund (BGF) range to sophisticated investors, and discuss the outlook for markets in 2014.
 
The “Navigate the Markets” seminars were held in Riyadh, Jeddah, and Damam throughout January. Attendees listened to presentations from BlackRock portfolio managers.  

BlackRock is the largest asset management company in the world, with over $4.1 trillion dollars of assets under management. Its assets are managed by over 1,600 investment professionals, across 120 investment teams in 30 different countries.  

In 2013 Saudi Fransi Capital and BlackRock came to a milestone agreement, enabling Saudi Fransi Capital to offer BlackRock’s BGF Fund Range in Saudi Arabia.  .
 
Yasir Al-Rumayyan Saudi Fransi Capital's CEO said: "Saudi Fransi Capital is committed to ensuring its clients are informed of the latest developments in the capital markets, and have access to leading investment products. We are proud to be the only company in the Kingdom of Saudi Arabia to have registered BlackRock’s BGF Fund range locally, a flagship range from a global leader in the asset management industry.”
 
Nick Anderson, head of Middle East and Africa at BlackRock, added: “Our strong relationship with Saudi Fransi Capital allows us to provide truly tailored solutions to investors based in the region and offer access to a substantial and complimentary suite funds.  The recent seminars have been hugely successful and we look forward to working with Saudi Fransi Capital on future projects.” - TradeArabia News Service