Saudi Arabia looking to start small
Posted by Editor on March 14, 2008 at 07:25 PM
MEED writes that, “Another reason [Saudia Arabia] has yet to establish a sovereign wealth fund is that it has been focusing on domestic opportunities, which it has been investing in through the Public Investment Fund (PIF). … The expectation is that the PIF will run a sovereign fund, using its experience gained over 37 years investing in the Saudi market.”
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