RESHAPING THE ASSET MANAGEMENT INDUSTRY IN SAUDI ARABIA, WHAT HAS BEEN ACHIEVED SO FAR?

In a dynamic discussion, participants explore new frontiers, focusing on digital transformation and AI, which are pivotal in current dialogues. They emphasize seeding strategies to elevate asset management, introducing innovative products to motivate managers. Aligning with Vision 2030, they identify opportunities in the Saudi capital markets, highlighting themes like social reforms, digital transformation, and infrastructure. The conversation also touches on the importance of expanding the Saudi market's reach and enhancing its accessibility. There's a call for more foreign participation and awareness, especially involving mid- and small-cap companies. The need for innovation and knowledge transfer is underscored, with initiatives like training programs for women in finance. The discussion concludes with a focus on gearing up for challenging goals, particularly in the debt market.