PIF ranked world's most valuable SWF brand

29/05/2024 Argaam

PIF ranked world's most valuable SWF brand

Logo of Public Investment Fund (PIF)


Saudi Arabia’s Public Investment Fund (PIF) has been ranked the world’s most valuable sovereign wealth fund (SWF) brand, with $1.1 billion, according to a study conducted by Brand Finance.

 

PIF’s value is largely driven by high scores for the brand’s awareness, purpose and commitment to positive growth, according to the report.

 

Looking ahead, the PIF has ambitious growth prospects, aiming to reach $2 trillion in assets under management (AUMs) by 2030. This ambition has enhanced the fund's brand value and brand strength as it adopts bold investment strategies that align with other SWF brands.

 

PIF is a global investor with AUMs valued at more than $930 billion. It seeks to create and develop new business sectors and opportunities that contribute to shaping the future of the global economy. It is a key driver of economic transformation in Saudi Arabia. Since 2017, the fund has launched 94 new companies and contributed to providing more than 644,000 local job opportunities.

 

The Brand Finance study included more than 4,400 entities, including direct business companies (B2B), media outlets, and specialized audiences in major global markets. It also included qualitative interviews with executives in the sector.

 

The brand of the Norwegian Government Pension Fund ranked second among the highest valued SWF brands, followed by the brand of the China Investment Corporation. The following table shows the top 10 most valuable SWF brands for 2024:

 

The following table shows the world’s 10 most valuable SWF brands:

 

World’s 10 Most Valuable SWF Brands

Ranking

Fund

Country

Value ($ bln)

1

PIF

Saudi Arabia

1.1

2

Government Pension Fund Global

Norway

0.9

3

China Investment Corporation

China

0.7

4

GIC Private Limited

Singapore

0.7

5

Caisse des Dépôts et Consignations

France

0.6

6

Abu Dhabi Investment Authority (ADIA)

UAE

0.6

7

Hong Kong Monetary Authority Investment Portfolio

China

0.5

8

Kuwait Investment Authority

Kuwait

0.4

9

Temasek Holdings

Singapore

0.3

10

Qatar Investment Authority

Qatar

0.3

 

According to the report, PIF ranked second among global SWFs in terms of brand strength, scoring 62.1 points with an A+ rating.

 

The report added that the fund's brand strength stood out in many sub-indicators, including brand awareness, purpose, and commitment to positive growth.

 

The ADIA brand ranked first globally by brand strength.

 

The following table shows the top 10 strongest SWF brands for 2024:

 

World’s 10 Strongest SWF Brands

Ranking

Funds

Country

Points

1

ADIA

UAE

63.9

2

PIF

Saudi Arabia

62.1

3

Qatar Investment Authority

Qatar

61.0

4

Temasek Holdings

Singapore

59.4

5

Gouvernement Pension Fund -Global

Norway

58.7

6

GIC Private Limited

Singapore

57.0

7

China Investment Corporation

China

54.6

8

Mubadala

UAE

53.9

9

Kuwait Investment authority

Kuwait

53.9

10

ADQ

UAE

53.3

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