Hedge Funds & Alternative Investments
Sovereign wealth
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Saudi Wealth Fund Moves Billions From Blue Chips to ETFs
Saudi Arabia’s sovereign-wealth fund has sold shares valued at over $5.5 billion in several major multinational corporations just months after buying into them as the financial fallout from the coronavirus pandemic weighed on global stock-market prices. At the same time, the roughly $300 billion Public Investment Fund chaired by the…
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Click here to read the full story: The Wall Street Journal