Riyadh – Mubasher: The Saudi Public Investment Authority (PIF) aims to achieve annual returns between 3% and 9% from its all portfolios on the long-term, PIF's managing director, Yasir Al-Rumayyan stated.
Some assets may achieve annual returns more than 10%, Al-Rumayyan added.
Earlier on Tuesday, PIF launched $50 million fund, and the Saudi body partnered with the US-based, private equity firm Blackstone to launch $50 billion investment fund.
