Saudi Sovereign Wealth Fund Boosts U.S. Equities Exposure to Nearly $12.8 Bln

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 billion stake in Electronic Arts … More Saudi Sovereign Wealth Fund Boosts U.S. Equities Exposure to Nearly $12.8 Bln

BUSINESS | Saudi Arabia’s PIF Continues To Invest In Indian Companies

Saudi Arabia’s Public Investment Fund (PIF) is continuing to focus on acquisitions in the Indian private sector. It recently invested $500 million (SAR 1.88 billion) in the Digital Fiber Infrastructure Trust (DFIT). Earlier this year, the PIF signed a definitive agreement to acquire a 2.32% stake in India’s Jio Platforms for nearly 1.5 billion. The … More BUSINESS | Saudi Arabia’s PIF Continues To Invest In Indian Companies