Domestic Focus May Limit Clout of $2 Trillion Saudi Fund
Source:
DUBAI | Andrew Torchia
REUTERS
Saudi Arabia aims to create the world's biggest sovereign wealth fund, a $2 trillion behemoth that can throw its weight around global markets, but the fund's growth abroad is likely to be slowed by its responsibility for aiding the economy at home.
Building the Public Investment Fund (PIF) into "the largest fund in the world by far" is a cornerstone of radical economic reforms announced by Deputy Crown
