ADS Investment Solutions launches Saudi smart beta fund | ZAWYA MENA Edition:
Abu Dhabi-based ADS Investment Solutions (ADSI) has launched a Saudi Arabian smart beta fund to meet the growing demand for exposure to the Middle East’s biggest and fastest-changing economy.
ADSI stated that the FTSE ADS Custom Minimum Variance Index was jointly created in 2018 ahead of the launch this week of the FTSE ADS Saudi Minimum Variance Fund, which tracks the index.
Ryan Lemand, the Senior Executive Officer and Board Member of ADS Investment Solutions, said, “Our wealth management and asset management clients are hungry for high-quality access to Saudi Arabian equities at a time when the economy is going through many positive changes.”
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