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 |
|
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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