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BRIEF-BlackRock, PIF To Launch An Index Mandate Focusing On Saudi Equities

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BRIEF-BlackRock, PIF To Launch An Index Mandate Focusing On Saudi Equities

May 26, 2025 7:47 AM

May 14 (Reuters) - BLACKROCK INC ( BLK ):

* BLACKROCK AND PIF CONTINUE STRATEGIC COLLABORATION TO

FURTHER

DEVELOP AND ACCELERATE GROWTH OF CAPITAL MARKETS IN SAUDI ARABIA

* BLACKROCK ( BLK ), PIF SIGN NON-BINDING LETTER OF INTENT (LOI) TO

FORMALIZE THEIR STRATEGIC COLLABORATION THROUGH POTENTIAL NEW

ALLOCATIONS TO BLACKROCK RIYADH INVESTMENT MANAGEMENT (BRIM)

PLATFORM

* COLLABORATION INCLUDES THE LAUNCH OF AN INDEX MANDATE

FOCUSED ON

SAUDI EQUITIES

Further company coverage:

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