Reef Capital Advisors today announced that they have launched equity trading on the Saudi Arabian stock exchange, The Tadawul.
Online PR News – 16-September-2014 – Hong Kong – Reef Capital Advisors’ new capability enables the Firm and its clients to trade cash equities and deliver the Firm's global market expertise to Saudi and Arab investors.
Reef Capital Advisors’ new equity trading capability follows on the Firm's recent initiation of economic and equity strategy research coverage for Saudi Arabia and United Arab Emirates.
Reef Capital Advisors’ Head of Arab Emirates Private Client Division, Mr. Saeed al Walahi said "Saudi Arabia is a key market for the Firm and this new trading capability, in conjunction with our recent research initiation, is a vital stage in the development of our local product offering. In addition to our expertise in investment banking, asset management and wealth management, this initiative helps us grow our presence and product offering to service our institutional and corporate clients of Reef Capital Advisors’."
Reef Capital Advisors’ Chief Investment Officer, Mr. Frazer McLeod also commented on this development saying "We are very excited to have the infrastructure in place to provide the best distribution and execution for our international and local clients to trade in the Saudi markets. We would like to take this opportunity to thank our Arab based employees for their continued support in helping us achieve this important milestone."
Reef Capital Advisors are only one of a hand full of Private Institutions to successfully execute Swap transactions on behalf of a non-resident foreign investor, giving clients outside of Saudi Arabia access to companies listed on the Tadawul.
Reef Capital Advisors’ is an independent asset management firm founded in 2003 in Hong Kong by Robert Englemann and Eleftherios Floros. In 2008 Reef Capital Advisors opened our Taipei Branch Office, our Shanghai Branch Office in 2009, and in 2010 we commenced operations at our Tokyo Branch Office.
Reef Capital Advisors’ serves individual, institutional and corporate clients globally, providing a range of investment services suited to their diverse range of requirements. Our clients’ interests are the only interests we serve and we are dedicated to providing them with the clearest advice and insights about managing their financial well-being and the solutions they need to secure their future.
Reef Capital Advisors’ serves our clients’ needs with first class capabilities that are global in scope, with a comprehensive array of products and solutions across investment strategies, asset classes and global markets. Our extensive global capability is enabled through more than 75 investment partnerships in 25 countries throughout the world, providing our clients with the best opportunities for the best risk adjusted returns.