Saudi Aramco's initial public offering is highly anticipated by the market, but analysts warn that investors should consider possible state influence on the company.
But according to Molchanov, the IPO "may be too small to really be interesting" for many asset managers.
Investors will have to consider the "political influence" of the kingdom, said Daniel Gerard, senior multi-asset strategist of global market at State Street.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Terrorism, climate change and dependence on Asia — Saudi Aramco faces these risks as it prepares IPOThe world's largest oil company detailed the vast number of risks its business faces.
Read more »
Western banks funding Saudi Aramco IPO betraying climate change promises, environmentalists warn'The idea of a people, investors and banks buying into a company like Saudi Aramco just flies in the face of everything we need to do to stop climate breakdown,' Rachel Kennerley of Friends of the Earth told Newsweek.
Read more »
Saudi Aramco prospectus details 6 risks ahead of record-breaking IPO - Business InsiderSaudi Aramco’s record-shattering IPO is on the horizon. Here are 6 of the biggest risks the company sees moving forward.
Read more »
Breakingviews - Aramco has first-class seat on oil-tanker Titanic(Reuters Breakingviews) - Saudi Aramco’s relative strength as the world’s bigges...
Read more »
“We’re Not Trying to Do Truth to Power”: Netflix’s Reed Hastings Doesn’t Feel Bad About Siding with Saudi ArabiaThe chairman and CEO defended the company's choice to remove an episode of Hasan Minhaj's Patriot Act, as well as the more recent playback speed testing.
Read more »
How a Former Twitter Employee Became an Accused Saudi SpyAhmad Abouammo for years lived a Seattle lifestyle not unlike many of his neighbors. He owned a million dollar house and drove an Audi SUV. That life was upended when he was charged with acting as an agent of the Saudi Arabian government while working, years earlier, for Twitter.
Read more »