Hedge Funds & Alternative Investments
Sovereign wealth
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Saudi Arabia to pivot attention, plow funds at home
Saudi Arabia’s sovereign wealth fund is turning homeward. Handed $40bn earlier this year to buy global stocks, the Public Investment Fund (PIF) will plow the same amount into the domestic economy next year and again in 2022. Some of the local investments could be funded by liquidating existing assets, Crown…
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Click here to read the full story: Gulf Business