Saudi Arabia's Public Investment Fund (PIF) was the top global investor in 2023.

Saudi Arabia's Public Investment Fund (PIF) was the top global investor in 2023, spending $31.6 billion in 49 deals, up 33% from 2022. PIF accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds worldwide last year. The strong rally in global stocks helped to swell the assets managed by sovereign wealth funds worldwide to a record $11.2 trillion.

January 01, 2024
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