Hedge Funds & Alternative Investments
Sovereign wealth
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Saudi wealth fund buys stakes in Korea game makers
Saudi Arabia is pouring money into South Korean game makers NCSoft and Nexon, doubling down on its bet in the gaming industry. Public Investment Fund (PIF), the Middle Eastern country’s sovereign wealth fund, acquired an additional 563,566 shares of NCSoft for about 290 billion won ($240 million) through six transactions…
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Click here to read the full story: The Phnom Penh Post