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PIF increases exposure in US equities to $12.8 billion

February 16, 2021

According to an article published by Reuters, Saudi Arabia’s Public Investment Fund (PIF) is taking advantage of market weaknesses caused by the COVID-19 pandemic in early 2020, and has significantly increased it’s exposure to US equities in the fourth quarter of 2020, after cutting exposure in the previous quarter.

Read the original article on Reuters: Saudi sovereign wealth fund boosts U.S. equities exposure to nearly $12.8 billion

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