Sunday 27 February 2011

Saudi Pension Fund’s Investment Returns Drop 19%, Al-Watan Says - Bloomberg

Saudi Arabia’s Public Pension Agency reported a 19 percent decline in returns on its investments last year, Al-Watan reported.

Returns retreated to 12.1 billion riyals ($3.2 billion) as the fund shifted its investments from bonds into stocks, the newspaper said, citing the agency.

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