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Saudi sovereign wealth fund boosts U.S. equities exposure to nearly $12.8bln
Saudi Arabia's sovereign wealth fund has increased its holding of U.S. stocks to nearly $12.8 billion in the fourth quarter from $7 billion in the third quarter, according to a U.S. regulatory filing on Tuesday. The Public Investment Fund (PIF) took new bets in the last quarter, buying a $1.07…
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