Saudi Fransi Capital and Winton Group have announced their collaboration on the launch of the first systematic trading program for Saudi equities.
The initiative is the first of its kind in Saudi Arabia’s capital markets and the wider region, and brings to bear the multi-decade expertise of Winton Group in applying statistical methods to investing.
Walid Fatani, chief executive of Saudi Fransi Capital, said: “Saudi Fransi Capital is always seeking to introduce new ideas and best-of-breed investment products to the Saudi Arabian capital markets. Big data, scientific techniques, algorithmic trading and similar quantitative methods are now permanent features of investing and global capital markets, but have minimal representation in the region. Our collaboration with Winton Group aims to bring this next generation of investment methods to Saudi Arabia and I am excited to have partnered for such a venture with Winton, a world leading systematic investment firm.”
David Harding, founder and chief executive of Winton Group, said: “We are pleased to be working with Saudi Fransi Capital on this pioneering research collaboration. The growing diversity of the Saudi equity market makes it suitable for the systematic investment strategies upon which Winton’s business is built. As the dynamic and far-reaching Vision 2030 initiative progresses, we hope to make a valuable contribution to the future development of Saudi Arabia’s capital markets.”
The initiative is the first of its kind in Saudi Arabia’s capital markets and the wider region, and brings to bear the multi-decade expertise of Winton Group in applying statistical methods to investing.
Walid Fatani, chief executive of Saudi Fransi Capital, said: “Saudi Fransi Capital is always seeking to introduce new ideas and best-of-breed investment products to the Saudi Arabian capital markets. Big data, scientific techniques, algorithmic trading and similar quantitative methods are now permanent features of investing and global capital markets, but have minimal representation in the region. Our collaboration with Winton Group aims to bring this next generation of investment methods to Saudi Arabia and I am excited to have partnered for such a venture with Winton, a world leading systematic investment firm.”
David Harding, founder and chief executive of Winton Group, said: “We are pleased to be working with Saudi Fransi Capital on this pioneering research collaboration. The growing diversity of the Saudi equity market makes it suitable for the systematic investment strategies upon which Winton’s business is built. As the dynamic and far-reaching Vision 2030 initiative progresses, we hope to make a valuable contribution to the future development of Saudi Arabia’s capital markets.”
