Wall Street's money managers are concerned that Saudi Arabia's $925 billion wealth fund might shift focus from global investments to boost domestic spending, particularly on projects like the $1.5 trillion Neom. This potential pivot has raised worries about reduced cash for foreign investments.
Saudi Arabia is trying to juggle its still-vital petroleum industry with alternative energy sources like wind and solar as it faces pressure to lower carbon emissions. | via @nytimes https://t.co/tZ5BzyjsXi
Saudi Arabia is trying to borrow its way through a fiscal squeeze caused by the need to fund huge projects championed by Crown Prince MBS https://t.co/Q2ijsRVqAw
Saudi Arabia Eyes a Future Beyond Oil https://t.co/cNkB5AeAJV
CalPERS Bullish on Private Markets, CEO Frost Says (video) https://t.co/0n23vpqUUx via @mattmiller1973 @BloombergTV #PrivateEquity #PrivateCredit
Wall Street's money managers worry Saudi Arabia's $925 billion wealth fund may pivot away from global investments to ramp up domestic spending https://t.co/L0GwRmSNCs via @MattMartin128 @DNair5 @NicolasParasie https://t.co/Lmz1Rkn8Vt
Private Equity Titans Fret Over Saudi Wealth Fund’s Local Pivot (video) https://t.co/cJ087que78 via @business #PrivateEquity
"Increased focus on domestic projects like the $1.5 trillion Neom has global asset managers fretting that it will have less cash to spend abroad." No more free money glitch? *Coughs in magpie* https://t.co/juFMN84ui4 via @business
Wall Street's money managers fear Saudi Arabia's $925 billion wealth fund may pivot away from global investments to ramp up domestic spending https://t.co/AKMobblbwR via @business
Wall Street's money managers fear Saudi Arabia's $925 billion wealth fund may pivot away from global investments to ramp up domestic spending https://t.co/N2zMSTnw3u