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Saudi's PIF says has $230 billion worth of assets under management: Bloomberg interview
October 24, 2017 / 11:25 AM / a month ago

Saudi's PIF says has $230 billion worth of assets under management: Bloomberg interview

DUBAI (Reuters) - Saudi Arabia’s Public Investment Fund (PIF) has around $230 billion worth of assets under management, its managing director told Bloomberg Television in an interview aired on Tuesday.

PIF MD Yasir al-Rumayyan also said the country’s top sovereign wealth fund was targeting returns of between 4 percent and 12 percent by 2025-2030.

Reporting by Alexander Cornwell, editing by David Evans

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