SAMA’s foreign holdings maintain rank as fifth largest SWF

Saudi Arabian Monetary Authority (SAMA) has retained position as the world’s fifth biggest sovereign fund with a net worth of $494 billion, SWF Institute’s June 2018 data showed.

Saudi Public Investment Fund (PIF) also maintained its 12th spot with assets valued at $250 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 $1.035 trillion.

China Investment Corporation (CIC) climbed to the second place by $941.4 billion worth of assets followed by Abu Dhabi Investment Authority and Kuwait Investment Authority (KIA) with $683 billion worth of assets.

The combined assets of all sovereign funds under study amounted to $7.88 trillion by the end of June 2018, with Saudi Arabia and UAE accounting for 9.4 and 15.2 percent of total assets, respectively.

World’s Largest Sovereign Wealth Funds
Ranking	Fund	Country	Asset ($ bln)	Variation compared to April 2018 ($ bln)
1	Government Pension Fund - global	Norway	1,035.2	--
2	China Investment Corporation	China	941.4	+41.4
3	Abu Dhabi Investment Authority	UAE	683.0	(145.0)
4	Kuwait Investment authority	Kuwait	592.0	+68.0
5	SAMA Foreign Holdings	Saudi Arabia	494.0	--
6	Hong Kong Monetary Authority Investment Portfolio	China	456.6	--
7	SAFE Investment Company	China	441.0	--
8	Government of Singapore Investment Corporation	Singapore	390.0	--
9	Temasek Holdings	Singapore	375.0	+54.2
10	Qatar Investment Authority	Qatar	320.0	--
11	National Social Security Fund	China	295.0	--
12	Public Investment Fund	Saudi Arabia	250.0	--
13	Investment Corporation of Dubai	UAE	229.8	+20.3
14	Korea Investment Corporation	South Korea	134.1	--
15	Mubadala Investment Company	UAE	125.0	--
16	Abu Dhabi Investment Council	UAE	123.0	--
17	Australian Future Fund	Australia	105.4	--
18	National Development Fund of Iran	Iran	91.0	--
19	National Welfare Fund	Russia	66.3	--
20	Libyan Investment Authority	Libya	66.0	--

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