Browse
related articles
Sedco expects assets to double by 2017
- Saudi Arabia: Thursday, November 08 - 2012 at 13:06
Saudi Shari'ah-compliant investment firm Sedco Capital has said its assets under management are expected to double in the next five years, as it expands into new areas to meet rising demand from Islamic investors, Reuters has reported. The two-year old Jeddah-based firm, which manages some $3bn in client assets, is one of few firms offering Islamic investments globally. It is part of the Sedco Holding which has interest in real estate, automobiles and financial investments. "With the demand we are seeing, in five to seven years we will see our assets under management doubling,"Hasan Aljabri, chief executive of Sedco Capital told the news service.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
