Saudi Arabia offered a first look inside the performance of its $600 billion Public Investment Fund, revealing that it invested $2 billion in Russian assets before the war in Ukraine
DUBAI—Saudi Arabia offered a first look inside the performance of its $600 billion sovereign-wealth fund, disclosing a return that was in line with the broader market and revealing that it invested $2 billion in Russian assets beforeThe Public Investment Fund has hired banks to possibly raise billions of dollars in a debut bond sale, according to a prospectus it shared with potential investors this week.
and other green projects, PIF said, for the first time shining a light on the finances of the once-secretive fund.
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