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Essay's paper info
| Topic: |
Business
|
| Number of pages / Number of words: |
4 / 869 |
Essay's paper body
The Saudi
stock market now represents 2.5 percent of the IFCI, so any fund
manager that tracks the IFCGI would have to have 2.5 percent of his
assets invested in the Saudi market to be "evenly weighted" in Saudi
Arabia against his benchmark. The MSCI is the much more common
index used as a benchmark for large institutional investors, and Saudi
Arabia will not be included in that index until foreigners can purchase
individual stocks directly...
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The MSCI is the much more common
index used as a benchmark for large institutional investors, and Saudi
Arabia will not be included in that index until foreigners can purchase
individual stocks directly. When that happens, as it inevitably will, then
the market will see an additional inflow of foreign institutional money...
Essay fragment
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