DOHA: The Qatar Investment Authority, the country’s sovereign wealth fund, with assets totalling $256bn, is the ninth largest in the world in terms of asset size, says Sovereign Wealth Fund Institute (SWFI). Norway’s Government Pension Fund with assets of $863bn is the biggest in the world, followed by Abu Dhabi Investment Authority, whose assets are estimated at $773bn.
Saudi Arabia Monetary Authority (SAMA) ranks third in the SFWI listings, with assets worth $757.2bn.
Kuwait is sixth with assets of its investment authority at $548bn. The National Social Security Fund of China with $240bn assets was ranked 10th. The assets of eight of these 10 largest sovereign wealth funds haven’t eroded this year so far compared to the first quarter of 2014. Norway’s Pension Fund has lost $30bn in a year since Q1 of last year and China’s fund has lost some $38bn in a year. The Peninsula
