SAMA’s foreign holdings maintain rank as fifth largest SWF

22/07/2018 Argaam Special

 

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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