Saudi Central Bank Pulls Funds From Global Asset Managers in Strategy Shift
Updated
Updated · Bloomberg · Jun 29
Saudi Central Bank Pulls Funds From Global Asset Managers in Strategy Shift
3 articles · Updated · Bloomberg · Jun 29
Summary
Saudi Arabia’s central bank is redeeming money from global asset managers, marking the latest change in how the kingdom deploys capital abroad.
The move was highlighted in Bloomberg’s Mideast Money newsletter as part of a broader evolution in Gulf investment models, with the Saudi withdrawals standing out as the main new development.
The shift comes as regional investors keep reshaping overseas portfolios, underscoring how Saudi institutions are reassessing external mandates and the balance between domestic and international capital allocation.