{"id":99679,"date":"2025-08-14T00:00:00","date_gmt":"2025-08-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/14\/pif-portfolio-return-slips-to-7-2-as-aum-jumps-19-to-sar-3-4-tn\/"},"modified":"2025-08-14T00:00:00","modified_gmt":"2025-08-14T00:00:00","slug":"pif-portfolio-return-slips-to-7-2-as-aum-jumps-19-to-sar-3-4-tn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/14\/pif-portfolio-return-slips-to-7-2-as-aum-jumps-19-to-sar-3-4-tn\/","title":{"rendered":"PIF portfolio return slips to 7.2% as AUM jumps 19% to SAR 3.4 tn"},"content":{"rendered":"

The Public Investment Fund (PIF) reported an annualized portfolio return of<\/strong> 7.2% <\/strong>since 2017 as of the end of 2024<\/strong>, down from 8.7%<\/a> a year earlier, according to its 2024 annual report (pdf)<\/a>. The fund said performance was supported by domestic investments, expansion of its international portfolio, and strategic partnerships aimed at long-term value creation.<\/p>\n

Assets under management AUM rose 19.3% y-o-y to SAR 3.4 tn<\/strong>, with 82% deployed locally, 17% internationally, and 2% in treasuries. Some 87% of assets were managed in-house, with the remainder overseen by external managers.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

Saudi equity holdings accounted for 36% of AUM, or SAR 1.2 tn, up 11 percentage points <\/strong>y-o-y<\/strong>, making it the only portfolio segment to increase its share of total assets. That aligns with PIF\u2019s strategy to trim<\/a> overseas exposure from 30% to the 18-20% range while doubling down on domestic diversification projects and attracting co-investment from foreign firms in the Kingdom.<\/p>\n

Sector development projects fell to 30% of AUM at SAR 1 tn, from 33% in 2023.<\/strong> International strategic investments dipped to 8% at SAR 277 bn and giga projects to 6% at SAR 211 bn.<\/p>\n

Where the money is:<\/strong> Energy made up the largest slice of PIF\u2019s portfolio at 32.3%, followed by real estate at 13.8%, multi-sector funds and money markets at 12.7%, IT at 8.7%, and communications at 8.6%.<\/p>\n

Looking ahead, PIF is targeting SAR 4 tn in AUM by the end of 2025<\/strong>, with 21% of that in new sectors and 24% in international assets. The fund also aims to contribute SAR 1.2 tn to Saudi Arabia\u2019s non-oil GDP by year-end, creating 1.8 mn jobs. Its 2025 focus will span 13 strategic sectors, including aerospace and defense, automotive, real estate, entertainment, leisure, and sports.<\/p>\n

Global bragging rights: <\/strong>Brand Finance named PIF the most valuable sovereign wealth fund<\/a>brand<\/a> globally in 2025, with its brand valuation rising 11% y-o-y to USD 1.2 bn from USD 1.1 bn<\/a>. The fund also earned a perfect 100% score<\/a> in the Governance, Sustainability, and Resilience (GSR) rankings, making it one of only nine state-owned investors globally to achieve a triple-digit rating.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi equity holdings accounted for 36% of AUM for the fund<\/p>\n","protected":false},"author":1,"featured_media":99680,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2572],"tags":[10,31,300,1151,1527],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pif-watch","tag-enterpriseam-ksa","tag-investment-watch","tag-pif-watch","tag-public-investment-fund-pif","tag-sovereign-wealth-funds","wpautop","entry"],"acf":{"mongo_id":"8106a6f2-0731-4eff-9719-96704cb202ea","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1742.jpg","photo_position":"above","homepage_title":"","full_issue_title":"PIF\u2019s AUM surge to SAR 3.4 tn in 2024, but portfolio returns slips to 7.2%","related_issue":[99674],"teaser":"Saudi equity holdings accounted for 36% of AUM for the fund","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.25ff0b67-1597-48ec-b787-acc8b70cd1f1.mp3"},"yoast_head":"\nPIF portfolio return slips to 7.2% as AUM jumps 19% to SAR 3.4 tn - 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