Saudi Arabia’s Public Investment Fund has bought $8.2 billion worth of new investments in global stocks. The 25 new investments by the sovereign wealth fund have been made mostly in companies whose industries have been negatively affected by the market crash due to the coronavirus pandemic. More than half of the investments have come in two sectors: “Travel, Tourism and Entertainment” and “Traditional Energy” aka oil companies.
In this list, we take you through the investments and the rationale behind the buys.
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