Three-fifths of investors excited about Saudi Arabia opening up - FT.com

Three-fifths of investors excited about Saudi Arabia opening up - FT.com:

"Three-fifths of institutional investors expect large capital inflows into Saudi Arabia despite the triple threat of a low oil price, a declining government surplus and a leading role in the conflict in Yemen.
Nick Tolchard, head of Invesco Middle East said: “The key emphasis [of the study] is not the actual amount of money that will go to Saudi Arabia but the sentiment. It is very exciting that Saudi Arabia is liberalising.” According to the fund house’s latest Middle East asset management study, a net three-fifths of respondents predict net capital inflows into the world’s biggest oil producer. This is a big swing from the 17 per cent predicting net outflows this time last year."



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