Saudi SEDCO Capital launches global equity funds with Amundi

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JEDDAH: Saudi Arabia’s SEDCO Capital, a global Shariah-compliant and ethically led asset management and investment advisory firm, announced on Monday the launch of two new global passive equity funds in partnership with Amundi.

The two firms luanched SC Global Listed Infrastructure Equity Fund, with a size of US$ 69 million, and the SC Global Low Volatility Equity Fund, with a size of US$ 91 million, it said in a statement.