Latest news with #sovereign wealth fund
Argaam
3 days ago
- Business
- Argaam
PIF named world's most valuable sovereign fund brand for second straight year
The Public Investment Fund (PIF) retained its position as the world's most valuable sovereign wealth fund brand in 2025, according to a report by Brand Finance. The report showed that PIF's brand value reached $1.2 billion this year, an 11% increase from 2024, making it the fastest-growing brand among its global peers.
Arab News
3 days ago
- Business
- Arab News
Saudi PIF named most valuable and fastest-growing sovereign wealth fund
RIYADH: Saudi Arabia's Public Investment Fund has been named the most valuable and fastest-growing sovereign wealth fund in the world, with a brand value of $1.2 billion, a new report showed. According to Brand Finance's 2025 Asset Management and Sovereign Wealth Fund 50 report, PIF also secured seventh place globally in brand value-to-assets under management ratio, making it the only SWF to enter the top 10 across both asset management and SWF categories. PIF's strong brand growth reflects its ranking as the fourth-largest sovereign wealth fund globally, as reported in Global SWF's July update. With assets under management exceeding $1 trillion, the fund now ranks just behind Norway's Government Pension Fund Global and two Chinese entities — the State Administration of Foreign Exchange and the China Investment Corporation — surpassing regional peers such as the Abu Dhabi Investment Authority and the Kuwait Investment Authority. The report from Brand Finance also highlighted the role of high-profile sports partnerships in elevating brand value. 'In 2024, PIF signed groundbreaking global partnerships accelerating the growth of sports with ATP and WTA tennis, Concacaf and Formula E, Extreme E and E1 under the E360 umbrella while its ownership of LIV Golf is helping to expand the game's audience around the world,' Brand Finance CEO David Haigh said. PIF's brand growth was underpinned by strong scores in brand awareness, purpose, and its commitment to long-term value creation. It has seen substantial expansion in its portfolio, driven by the maturation of key projects and robust performance from its portfolio companies. The Saudi wealth fund holds an A+ brand strength rating, with its Brand Strength Index rising to 62.9 out of 100 in 2025. Additionally, PIF's ownership of LIV Golf continues to expand the game's global audience and bolster its brand visibility. BlackRock retained its position as the world's most valuable asset management brand for the second consecutive year, with its brand value rising 17 percent to $8.3 billion, according to the Brand Finance report. The increase is attributed to a surge in AUM, strategic acquisitions in private markets, and sustained leadership in technology and artificial intelligence. In the asset management space, JP Morgan Asset Management ranked second globally with a brand value just under $7.2 billion, reflecting a 3 percent year-on-year increase. Vanguard held third place with a brand value of $6 billion, unchanged from 2024. While BlackRock trails JP Morgan in terms of brand strength — scoring 87 out of 100 to JP Morgan's 87.6 — both firms retained an AAA brand strength rating. Haigh noted the strategic importance of sports affiliations in brand development. 'Formula 1 and football are powerful and popular ways for asset managers and sovereign wealth funds to raise their international profiles in a way that is consistent with the brands' wealth and stature,' Haigh said. He cited JP Morgan's banking unit Chase's recent sponsorship of Arsenal FC's VIP Lounge as an example of how these investments can significantly boost brand recognition among targeted audiences. Among sovereign wealth funds, the Abu Dhabi Investment Authority was identified as the strongest brand in terms of BSI, with a score of 64.1, also earning an A+ rating. PIF remains the leader in overall brand value within the SWF category, reflecting the fund's expanding global influence and strategic visibility.
Wall Street Journal
15-07-2025
- Business
- Wall Street Journal
A Sovereign-Wealth Fund to Keep America's Technological Edge
If the U.S. wants to win the global race for technological supremacy, the country's best tool is a sovereign-wealth fund. Washington's haphazard approach to fueling national competitiveness and strategic industries isn't cutting it in today's environment. But intelligently deploying President Trump's proposed sovereign-wealth fund could secure American leadership in such critical technologies as quantum computing, artificial intelligence and advanced microchips. China is already shaping its technological future through strategic investment. The U.S. can't afford to cede leadership in technologies that will define the coming century. Other countries have used sovereign-wealth funds to great national advantage. Norway's Government Pension Fund Global is the premier example. It sets the standard for performance and transparency, delivering consistent returns while adhering to strict ethical guidelines. The Government of Singapore Investment Corp. generates outsize influence for the small nation. Oil-rich states leverage their wealth strategically with funds such as Abu Dhabi's Mubadala investment fund, which aims to position the United Arab Emirates as a global AI hub. Critics rightly point out that an American sovereign-wealth fund must be free of political interference and focused on commercial national research and defense priorities. But other nations' examples prove this is possible. There are also concerns about forming a fund when the U.S. is running budget deficits. The benefits far outweigh the risk. America needs this fund now more than ever. Both geopolitics and innovation shape the economy. It isn't enough to hope we maintain tech leadership through our financial dominance, banking leadership, private venture capital and intermittent government interventions. American firms have to grapple with difficult market distortions thanks to Chinese state investment, which places U.S. tech companies at a disadvantage. Beijing has formed various state-backed venture funds to invest in AI, quantum research and semiconductor manufacturing. These investments foster domestic innovation and advance strategic sectors. China's National Venture Capital Guidance Fund channels tens of billions of dollars of central, provincial and private capital into key technologies, aligning investments explicitly with industrial strategy.
Bloomberg
14-07-2025
- Business
- Bloomberg
World's Biggest Sovereign Fund Buys Up Downgraded Colombia Debt
The world's top sovereign wealth fund was a major buyer of Colombian local bonds in June, the month the country got hit by two credit downgrades and fallout from a suspension of fiscal spending limits. Norway's central bank, which manages nearly $2 trillion in assets, bought about $420 million of Colombia's local peso bonds, or TES, last month, according to data from Colombia's Comptroller's Office. The Norwegian fund alone has been responsible for half of all net purchases by foreign bondholders in the first half of the year.
