Browsing Tag

wealth funds

Turkiye transfers treasury-held shares of 12 companies to wealth fund

Turkiye has transferred the shares of 12 companies held by its treasury, including three listed ones, to the Turkiye Wealth Fund, according to a presidential decree published in the country’s Official Gazette on Tuesday. Stock…
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Business

Saudi wealth fund’s US stock investments hit $20.6bn in Q2

Saudi Arabia’s Public Investment Fund witnessed a modest rise in its US stock investments, reaching $20.66 billion in the second quarter, up from $20.55 billion in the previous quarter. The wealth fund has undertaken a significant…
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Business

GCC wealth funds’ assets grow by 20% to reach $4tn in two years

Highlighting the growth of the Gulf Cooperation Council countries, a new report released by S&P Global has noted that sovereign wealth funds in the region will expand their global presence from enhanced liquidity buffers driven by…
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