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Thursday, 16 February 2017

Here’s How UBS Wealth Sees the Aramco IPO Changing Middle East Markets - Bloomberg

Here’s How UBS Wealth Sees the Aramco IPO Changing Middle East Markets - Bloomberg:

"The initial public offering of Saudi Arabian Oil Co., set to be the world’s most valuable, has the potential to bring far-reaching changes to the Saudi equity market and alter investor perceptions of the region, says Michael Bolliger, head of emerging-market asset allocation at UBS Wealth Management.

The share sale will turn unprecedented attention on the Saudi market, says Zurich-based Bolliger, who helps oversee the investment strategy for $2.1 trillion in assets."



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