SoftBank’s Stumbles Drive Investors Away From a New Mega-Fund
- Date: 08-Feb-2020
- Source: The Motley Fool
- Sector:Financial Markets
- Country:UAE
SoftBank’s Stumbles Drive Investors Away From a New Mega-Fund
The Journal reports that Vision Fund's two biggest investors, Saudi Arabia's Public Investment Fund (PIF) and Abu Dhabi's state-controlled Mubadala Investment Co., have balked at bankrolling the new fund.. The hedge fund has a particularly loud megaphone given its $2.5 billion equity interest in SoftBank.. Stock Advisor launched in February of 2002.. Cumulative Growth of a $10,000 Investment in Stock Advisor Calculated by Time-Weighted Return.