MSCI ascension to shine spotlight on untapped Saudi Arabia

Oliver Bell, portfolio manager of the T. Rowe Price Frontier Markets Equity Fund discusses, in Money Observer, the certainty of Saudi Arabia being upgraded to the MSCI Emerging Market Index. The upgrade will unlock the country’s full economic potential and place Saudi Arabia in the international spotlight for global investors. As loan growth increases due to the rise in the oil price, high quality Saudi banks are finally reaping the rewards of the improving economy.