Logo ofThe Public Investment Fund (PIF)
The Public Investment Fund (PIF) took the sixth position among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $925 billion, recent data from the SWF Institute showed. 
PIF’s assets declined by $15.26 billion from $940.26 billion by the end of March.
Norway’s Government Pension Fund Global ranked first with $1.79 trillion assets, followed by China Investment Corp.
The total value of the world’s sovereign wealth fund assets amounted to nearly $13.7 trillion.
The following table shows the world’s top 10 sovereign wealth funds:
World’s Largest 10 Sovereign Wealth Funds
Ranking
Fund
Country
Assets in March 2024 ($ bln)
Assets in Dec. 2024($ bln)
Change
1
Government Pension Fund – global
Norway
1,648.08
1,796.31
148.23
2
China Investment Corporation
China
1,350.00
1,332.07
(17.93)
3
SAFE Investment Company
China
1,090.00
1,090.00
—
4
Abu Dhabi Investment Authority
UAE
993.00
1,057.54
64.54
5
Kuwait Investment Authority
Kuwait
923.45
980.00
56.55
6
Public Investment Fund
Saudi Arabia
940.26
925.00
(15.26)
7
GIC Private Limited
Singapore
770.00
800.00
30.00
8
Badan Pengelola Investasi Daya Anagata Nusantara
Indonesia
—
600.00
—
9
Qatar Investment Authority
Qatar
501.00
526.05
25.05
10
Hong Kong Monetary Authority Investment Portfolio
China
514.22
514.34
0.12
Logo ofThe Public Investment Fund (PIF)
The Public Investment Fund (PIF) took the sixth position among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $925 billion, recent data from the SWF Institute showed.
PIF’s assets declined by $15.26 billion from $940.26 billion by the end of March.
Norway’s Government Pension Fund Global ranked first with $1.79 trillion assets, followed by China Investment Corp.
The total value of the world’s sovereign wealth fund assets amounted to nearly $13.7 trillion.
The following table shows the world’s top 10 sovereign wealth funds:
World’s Largest 10 Sovereign Wealth Funds
Ranking
Fund
Country
Assets in March 2024 ($ bln)
Assets in Dec. 2024($ bln)
Change
1
Government Pension Fund – global
Norway
1,648.08
1,796.31
148.23
2
China Investment Corporation
China
1,350.00
1,332.07
(17.93)
3
SAFE Investment Company
China
1,090.00
1,090.00
—
4
Abu Dhabi Investment Authority
UAE
993.00
1,057.54
64.54
5
Kuwait Investment Authority
Kuwait
923.45
980.00
56.55
6
Public Investment Fund
Saudi Arabia
940.26
925.00
(15.26)
7
GIC Private Limited
Singapore
770.00
800.00
30.00
8
Badan Pengelola Investasi Daya Anagata Nusantara
Indonesia
—
600.00
—
9
Qatar Investment Authority
Qatar
501.00
526.05
25.05
10
Hong Kong Monetary Authority Investment Portfolio
China
514.22
514.34
0.12
