Hints and tips:
...Yasir Al-Rumayyan, the head of the PIF, even joined the company’s board....
...But the shift of equity ownership from individuals to institutions such as pension funds and mutual funds has given them greater power, even if they rarely choose to exercise it....
...In other cases, the pain will be even more broadly felt, says Huw van Steenis, analyst at Morgan Stanley. “I think the bigger holders now of securitisations are insurance companies and pension funds.”...
International Edition