The kingdom’s SAMA Foreign Holdings fund, which was placed sixth on the list, saw its asset value at $515.6 billion in February.
Elsewhere in the region, the Abu Dhabi Investment Authority (ADIA) ranked third on the list after Norway and China, with $697 billion in assets. The Kuwait Investment Authority (KIA) claimed the fourth spot with assets worth $592 billion, while Investment Corporation of Dubai placed 13th at $233.8 billion.
Norway's Government Pension Fund maintained its ranking as the world's largest sovereign wealth fund, with assets reaching $1.07 trillion during the period.
SWFs’ gross assets reached around $8.14 trillion in February. Saudi Arabia holds a 10.8 percent share of the world’s wealth funds, or $875.6 billion, while the UAE controls 14.6 percent, or $1190.8 billion.
|
World’s Largest Sovereign Wealth Funds |
||||
|
Ranking |
Fund |
Country |
Asset ($ bln) |
Variation compared to June 2018 ($ bln) |
|
1 |
Government Pension Fund - global |
Norway |
1,074.6 |
+ 16.6 |
|
2 |
China Investment Corporation |
China |
941.4 |
-- |
|
3 |
Abu Dhabi Investment Authority |
UAE |
697.0 |
+ 14.0 |
|
4 |
Kuwait Investment authority |
Kuwait |
592.0 |
-- |
|
5 |
Hong Kong Monetary Authority Investment Portfolio |
China |
522.6 |
-- |
|
6 |
SAMA Foreign Holdings |
Saudi Arabia |
515.6 |
-- |
|
7 |
SAFE Investment Company |
China |
441.0 |
-- |
|
8 |
Government of Singapore Investment Corporation |
Singapore |
390.0 |
-- |
|
9 |
Temasek Holdings |
Singapore |
375.0 |
-- |
|
10 |
Public Investment Fund |
Saudi Arabia |
360.0 |
-- |
|
11 |
Qatar Investment Authority |
Qatar |
320.0 |
-- |
|
12 |
National Social Security Fund |
China |
295.0 |
-- |
|
13 |
Investment corporation of Dubai |
UAE |
233.8 |
-- |
|
14 |
Mubadala Investment Company |
UAE |
226.0 |
-- |
|
15 |
Korea investment corporation |
South Korea |
134.1 |
-- |
|
16 |
Australian Future Fund |
Australia |
103.0 |
(4.7) |
|
17 |
National Development Fund of Iran |
Iran |
91.0 |
-- |
|
18 |
National Welfare Fund |
Russia |
68.5 |
(8.7) |
|
19 |
Libyan Investment Authority |
Libya |
66.0 |
-- |
|
20 |
Alaska Permanent Fund |
USA |
65.7 |
-- |
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