PIF set to have $2 trillion in assets under management by 2030: report

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PIF set to have $2 trillion in assets under management by 2030: report

RIYADH: Saudi Arabia’s Public Investment Fund is poised to reach $2 trillion in assets under management by 2030, propelling it from 5th to 2nd place globally among sovereign wealth bodies, according to Global SWF. The organization that monitors activity in this area stated that the PIF’s rapid ascent can be attributed to the fund’s focus on  direct investments, emphasis on  key sectors of the Saudi economy, dedication to sustainability  through…