Looking ahead

PIF’s Al-Rumayyan tips Saudi sovereign fund’s new strategy

The Public Investment Fund will sharpen its focus on drawing foreign money to Saudi Arabia and plowing cash into megaprojects like NEOM

Mike Egerton/PA Images via Getty Images

Public Investment Fund Governor Yasir Al-Rumayyan at the LIV Golf UK tournament in July

Saudi Arabia’s $1 trillion Public Investment Fund is working on a new game plan aimed at generating greater returns over the next 15 years from the kingdom’s vast sovereign wealth.

In an onstage interview on Monday, PIF Governor...