Saudi Arabia's PIF Wealth Fund Reports $11 Billion Loss

Saudi Arabia's PIF Wealth Fund Reports $11 Billion Loss

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the $11 billion loss faced by the sovereign wealth fund in 2022 due to market downturns and geopolitical concerns. Despite these losses, the fund continues to invest heavily in international deals, such as the merger between LIV Golf and PGA. The markets have shown signs of recovery, potentially offsetting some of the previous year's losses.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions has the sovereign wealth fund taken in response to its losses?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Despite the losses in 2022, what was noted about the sovereign wealth fund's investment behavior?

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