From my news feed - Saudi Arabia has withdrawn tens of billions of dollars from global asset managers to reduce exposure to equities market. Fund managers with strong ties to Gulf sovereign wealth funds, such as BlackRock, Franklin Templeton and Legal & General, have received redemption notices. Some fund managers have seen several billions of dollars of withdrawals, or the equivalent of a fifth to a quarter of their Saudi assets under management. BlackRock, which bankers describe as the manager handling the largest amount of Gulf funds, has already reported net outflows from Europe, the Middle East and Africa.
$23, page-30
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Last
$40.01 |
Change
-0.540(1.33%) |
Mkt cap ! $203.0B | |||
| Open | High | Low | Value | Volume |
| $40.52 | $40.63 | $40.01 | $261.2M | 6.492M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 21029 | $40.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.02 | 15000 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |