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Saudi Central Bank Said to Pull Money From at Least Two Managers

Saudi Arabia’s monetary authority has pulled billions of dollars from at least two global asset managers in recent months, in a sign that the custodian of one of the world’s deepest pools of capital is growing more selective with deployment.

This article was originally published by Bloomberg Markets and is republished here under license.

Saudi Arabia’s monetary authority has pulled billions of dollars from at least two global asset managers in recent months, in a sign that the custodian of one of the world’s deepest pools of capital is growing more selective with deployment.

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