Kuwait’s generations fund tops $1.07 trillion, ranks fifth globally
The International Institute of Sovereign Wealth Funds has reported a notable increase in the value of Kuwait’s sovereign assets, with the “Generations Fund” rising by $43 billion to reach $1.072 trillion, compared to $1.029 trillion in its previous assessment.
The growth, exceeding 4.1 percent, underscores the fund’s steady long-term performance amid fluctuating global markets.
According to the institute’s latest rankings, the Kuwait Investment Authority retained its position as the fifth-largest sovereign wealth fund globally and the second-largest within the Gulf region in terms of assets under management.
Globally, the Norwegian Government Pension Fund continues to lead the rankings with total assets of $2.11 trillion.
It is followed by China’s SAFE Investment Company at $1.95 trillion and China Investment Corporation with $1.56 trillion.
Regionally, the Abu Dhabi Investment Authority ranked fourth globally and maintained its position as the largest sovereign fund in the Gulf, with assets amounting to $1.12 trillion.
Saudi Arabia’s Public Investment Fund came in seventh globally and third regionally, with assets totaling $925 billion, reflecting its continued expansion strategy.
Meanwhile, the Qatar Investment Authority ranked ninth globally and fourth in the Gulf, with assets estimated at $600 billion.
The latest data highlights the continued dominance of Gulf sovereign wealth funds on the global stage, with Kuwait maintaining a strong and stable position among the world’s largest institutional investors.
