Saudi Fransi Capital (BSF Capital), one of Saudi Arabia’s leading institutions in capital markets, has announced a new partnership with BlackRock, the world’s largest asset management firm. This collaboration brings together BSF Capital’s deep local expertise and market understanding with BlackRock’s vast global experience in asset management and investment advisory services.
The partnership will focus on delivering a range of multi-asset investment strategies tailored to meet the financial goals of clients across Saudi Arabia. These strategies will provide global investment opportunities that are designed to adapt to the changing financial landscape in the Kingdom, catering to a broad spectrum of clients.
Salam Al-Khunaizi, CEO and Board Member of BSF Capital, shared his enthusiasm about the partnership, stating: “We are proud to build on our long-standing relationship with BlackRock, which marks an important milestone for BSF Capital. This collaboration strengthens our ability to deliver innovative, client-focused investment solutions that meet the evolving needs of our clients and reinforce our position as a leader in the Kingdom’s financial sector. Aligned with Saudi Arabia’s Vision 2030 and the Financial Sector Development Program; this partnership reflects our commitment to supporting the development of the financial sector through promoting income diversification, boosting savings, and offering various investment opportunities.”
Yazeed Almubarak, CEO of BlackRock Saudi Arabia, also commented on the expansion of the partnership: “We’re delighted to expand our partnership with BSF Capital to bring tailored investment solutions to the Saudi market that help investors meet their financial needs and ambitions. At BlackRock, we share BSF Capital’s steadfast commitment to supporting the delivery of Vision 2030 through expanding the Kingdom’s capital markets and introducing unique and differentiated investment solutions.”
Through this alliance, the two companies aim to strengthen Saudi Arabia’s financial markets while providing clients with innovative investment options that align with the nation’s broader economic vision.
