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Saudi PIF’s assets under management rise 19% to $913bn in 2024
RIYADH: The total value of assets under management held by Saudi Arabia’s sovereign wealth fund reached $913 billion by the end of 2024, representing a 19 percent rise compared to the same period of the previous year. In its 2024 Annual Report, the Public Investment Fund said that total revenue increased by 25 percent year on year, while cash balance remained strong and broadly unchanged. The analysis follows Brand Finance’s recent ranking of PIF as the most valuable and fastest-growing sovereign wealth fund globally, with a brand value of $1.2 billion.
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arabnews.com
Saudi PIF’s assets under management rise 19% to $913bn in 2024
RIYADH: The total value of assets under management held by Saudi Arabia’s sovereign wealth fund reached $913 billion by the end of 2024, representing a 19 percent rise compared to…
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cnbc.com
What's behind the $8 billion hit to Saudi Arabia's massive wealth fund
The PIF's assets under management climbed 19% from the end of 2023 to $913 billion, making it one of the largest sovereign wealth funds on the planet.