Saudi Arabia’s Public Investment Fund (PIF) saw its allocation to US listed equities rise 29.5% q-o-q to US$26.7 billion with the number of positions rising 42% to 51 in Q3 2024.PIF bolstered its stakes in Adobe, Arm Holdings, Booking Holdings, Microsoft, Salesforce, and Starbucks by 100% or more, but reduced...
Saudi Arabia’s Public Investment Fund (PIF) saw its allocation to US listed equities rise 29.5% q-o-q to US$26.7 billion with the number of positions rising 42% to 51 in Q3 2024.PIF bolstered its stakes in Adobe, Arm Holdings, Booking Holdings, Microsoft, Salesforce, and Starbucks by 100% or more, but reduced...