Thursday 8 January 2009

Morgan Stanley Launches Open-Ended Saudi Arabia Equity Fund

DUBAI (Zawya Dow Jones)--Morgan Stanley Saudi ArabiaMorgan Stanley Saudi Arabia said Wednesday it has launched an open-ended fund to invest in Saudi listed equities and initial public offerings in the Kingdom.

The Morgan Stanley Saudi Equity Fund offers Gulf Cooperation Council (GCC) investors exposure to the Kingdom through investment in Saudi Arabian equities, providing long-term capital appreciation and growth.

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