SAMA, PIF retain ranks among world's top SWFs

Saudi Arabian Monetary Authority (SAMA) has retained position as the world’s fifth biggest sovereign fund with a net worth of $494 billion, despite a $20 billion withdrawals from October 2017, SWF Institute’s December 2017 data showed.

Saudi Public Investment Fund (PIF) also maintained its 11th spot with assets valued at $223.9 billion. PIF had announced plans to increase its total assets to $400 billion (SAR 1.5 trillion) by the end of 2020.

Norway’s Government Pension Fund topped the list of largest Sovereign wealth funds in the world with assets standing at $998.9 billion.

China Investment Corporation (CIC) climbed to the second place by $900 billion worth of assets followed by Abu Dhabi Investment Authority and Kuwait Investment Authority (KIA).

The combined assets of all sovereign funds under study amounted to $7.58 trillion by the end of 2017, with Saudi Arabia and UAE accounting for 9.5 and 17.2 percent of total assets, respectively.

World’s Top 20 Sovereign Funds - 2017
Rank	SWF	Country	Assets ($ bln)	Change from October
01	Government Pension Fund - global	Norway	998.9	--
02	China Investment Corporation	China	900.0	+86.2
03	Abu Dhabi Investment Authority	UAE	828.0	--
04	Kuwait Investment authority	Kuwait	524.0	--
05	SAMA Foreign Holdings	Saudi	494.0	(20.0)
06	Hong Kong Monetary Authority Investment Portfolio	China	456.6	--
07	SAFE Investment Company	China	441.0	--
08	Government of Singapore Investment Corporation	Singapore	359.0	--
09	Qatar Investment Authority	Qatar	320.0	--
10	National Social Security Fund	China	295.0	--
11	Public Investment Fund	Saudi	223.9	--
12	Investment Corporation of Dubai	UAE	209.5	--
13	Temasek Holdings	Singapore	197.0	--
14	Mubadala Investment Company	UAE	125.0	--
15	korea Investment Corporation	South Korea	122.3	--
16	Abu Dhabi Investment Council	UAE	110.0	--
17	Australian Future Fund	Australia	105.4	--
18	National Development Fund of Iran	Iran	91.0	--
19	National Welfare Fund	Russia	72.2	--
20	Libyan Investment Authority	Lybia	66.0	--

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