Saudi PIF ranks 6th among world’s top SWFs with $620 bln assets

09/07/2022 Argaam


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The Saudi Public Investment Fund (PIF) ranked 6th among the world’s largest sovereign wealth funds (SWFs) by the end of June 2022 with a net worth of $620 billion, recent data from SWF Institute showed.

 

Elsewhere, Norway’s Government Pension Fund Global maintained its top position in the list with assets standing at $1.340 trillion.

 

The aggregate assets of the world’s SWFs hit $10.21 trillion, up from $9.99 trillion in April 2022.

 

The following table shows the world’s top 10 sovereign wealth funds:

 

World’s Largest Sovereign Wealth Funds

Ranking

Fund

Country

Asset ($ bln) April 2022

Asset ($ bln) June 2022

Change

1

Government Pension Fund - global

Norway

1473.13

1338.20

(134.93)

2

China Investment Corporation

China

1222.31

1222.31

--

3

Abu Dhabi Investment Authority

UAE

697.86

708.75

10.89

4

Kuwait Investment authority

Kuwait

737.94

708.42

(29.52)

5

GIC Private Limited

Singapore

587.00

690.00

103.00

6

Public Investment Fund

Saudi Arabia

620.00

620.00

--

7

Hong Kong Monetary Authority Investment Portfolio

China

588.90

588.90

--

8

Temasek Holdings

Singapore

484.44

484.44

--

9

Qatar Investment Authority

Qatar

450.00

450.00

--

10

National Council for Social Security Fund

China

447.36

447.36

--

 

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