PIF ranks 2nd among GCC wealth funds with $925 billion in assets

Saudi Arabia’s PIF ranks 2nd among GCC sovereign wealth funds with $925 billion (AED 3.3 trillion) in assets.

After a 55% increase in assets under management, the PIF has surged in global ranking of sovereign wealth organisations.

This signifies that the organization has surpassed Kuwait’s sovereign wealth fund in this regard, now trailing only behind the Abu Dhabi Investment Authority in the Gulf region.

Read the original article in Gulf News: Saudi PIF ranks 2nd among GCC wealth funds