{"id":62167,"date":"2025-09-03T14:30:51","date_gmt":"2025-09-03T13:30:51","guid":{"rendered":"https:\/\/www.etfworld.com\/co.uk\/?p=62167"},"modified":"2025-09-03T16:56:45","modified_gmt":"2025-09-03T15:56:45","slug":"state-street-investment-management-etf-in-which-pif-is-anchor-investor-cross-listed-in-singapore","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/co.uk\/state-street-investment-management-etf-in-which-pif-is-anchor-investor-cross-listed-in-singapore\/","title":{"rendered":"State Street Investment Management ETF, in which PIF is anchor investor, cross-listed in Singapore"},"content":{"rendered":"<h5 style=\"text-align: justify;\"><strong>PIF<\/strong> is an anchor investor in the SPDR\u00ae J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF (Acc), which <strong>State Street Investment Management<\/strong> cross-listed today on the Singapore Exchange.<br \/>\n<!--more--><\/h5>\n<p style=\"text-align: justify;\"><a href=\"\/co.uk\/newsletter\"><span style=\"color: #56aa1c;\"><strong>Sign up for our weekly Newsletter and receive the latest ETF and ETC news. <\/strong><\/span><strong><strong><span style=\"color: #56aa1c;\">Click here to register for your free copy<\/span><\/strong><\/strong><\/a><\/p>\n<hr \/>\n<p><strong>Anna Paglia, Chief Business Officer at State Street Investment Management<\/strong><\/p>\n<hr \/>\n<p><strong>\u00a0\u00a0\u00a0 Cross-listing plays key role in PIF strategy to attract foreign investment into Saudi markets<\/strong><\/p>\n<p><strong>\u00a0\u00a0\u00a0 The exchange traded fund was initially launched in Germany, the UK and Italy<\/strong><\/p>\n<p><strong>\u00a0\u00a0\u00a0 Singapore launch \u201creflects strong global confidence in Saudi economy\u201d<\/strong><\/p>\n<p style=\"text-align: justify;\">The Saudi-focused exchange traded fund (ETF) targets investors in Singapore and reinforces PIF\u2019s role in enabling greater international investment in Saudi Arabia\u2019s dynamic capital market. The ETF tracks the newly created J.P. Morgan Saudi Arabia Aggregate Index, providing investors with access to Saudi fixed-income financial instruments.<\/p>\n<p style=\"text-align: justify;\">The ETF was initially launched on the Deutsche Boerse in December 2024, with PIF as the anchor investor, then cross-listed on the London Stock Exchange and the Borse Italiana. State Street Investment Management is the asset management business of State Street Corporation.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/09\/Alhagbani-Abdulmajeed-PIF.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-62168 alignleft\" src=\"https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/09\/Alhagbani-Abdulmajeed-PIF.jpg\" alt=\"Alhagbani Abdulmajeed PIF\" width=\"400\" height=\"300\" srcset=\"https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/09\/Alhagbani-Abdulmajeed-PIF.jpg 750w, https:\/\/www.etfworld.com\/co.uk\/wp-content\/uploads\/2025\/09\/Alhagbani-Abdulmajeed-PIF-300x225.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a>\u201cToday marks a significant milestone as we continue to deepen capital inflow into Saudi Arabia. The cross-listing of this ETF reflects strong global confidence in Saudi Arabia\u2019s economy while broadening access to the region\u2019s capital markets for Singaporean investors,\u201d said <span style=\"color: #56aa1c;\"><strong>Abdulmajeed Alhagbani, Head of Securities Investments at PIF<\/strong><\/span>.<\/p>\n<p style=\"text-align: justify;\">\u201cThis accelerates the growth of Saudi Arabia\u2019s capital markets ecosystem and supports the country\u2019s economic transformation in line with Saudi Vision 2030, reinforcing PIF\u2019s commitment to opening gateways to Saudi\u2019s dynamic market and creating exciting opportunities for international investment.\u201d<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #56aa1c;\"><strong>Anna Paglia, Chief Business Officer at State Street Investment Management<\/strong><\/span>, said at the listing ceremony in Singapore: \u201cWe are excited to bring this Saudi Arabia-focused ETF to Singapore. In light of the growth and increasing accessibility of both the local and hard currency bond markets in the Gulf Cooperation Council (GCC) countries, Saudi Arabian bonds have become a compelling area for portfolio diversification.<\/p>\n<p style=\"text-align: justify;\">\u201cThe ETF offers Singapore investors a unique opportunity to tap on the strengthening investment ties between Singapore and Saudi Arabia. The ETF has attracted significant investor interest in Europe, demonstrating strong institutional backing and confidence in the product.\u201d<\/p>\n<p style=\"text-align: justify;\">Source: ETFWorld.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PIF is an anchor investor in the SPDR\u00ae J.P. Morgan Saudi Arabia Aggregate Bond UCITS ETF (Acc), which State Street Investment Management cross-listed today on the Singapore Exchange.<\/p>\n","protected":false},"author":4,"featured_media":62169,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"default","_threads_share_type":"default","_google_business_share_type":"default","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[4],"tags":[274,599],"class_list":["post-62167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-etf-europe","tag-spdr-etf","tag-state-street-investment-management"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/comments?post=62167"}],"version-history":[{"count":2,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62167\/revisions"}],"predecessor-version":[{"id":62171,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/posts\/62167\/revisions\/62171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media\/62169"}],"wp:attachment":[{"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/media?parent=62167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/categories?post=62167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etfworld.com\/co.uk\/wp-json\/wp\/v2\/tags?post=62167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}