The New York skyline. Saudi Arabia's Public Investment Fund placed almost $1.6bn into an exchange-traded fund that invests in US property companies during the second quarter of 2020. Reuters 
The New York skyline. Saudi Arabia's Public Investment Fund placed almost $1.6bn into an exchange-traded fund that invests in US property companies during the second quarter of 2020. Reuters 

Markets

Saudi Arabia's PIF invests $4.65bn into energy, utilities and property ETFs in second quarter

More than $370bn has flowed into exchange trade funds so far this year

Michael Fahy
Michael Fahy

August 16, 2020