SAMA Foreign Holdings (Saudi Arabia)

AAA

DEFINITION of 'SAMA Foreign Holdings (Saudi Arabia)'

A Saudi Arabian sovereign wealth fund. The fund is controlled by the Saudi Arabian Monetary Authority, a part of the central bank. According to the Sovereign Wealth Fund Institute, SAMA Foreign Holdings is the third largest sovereign wealth fund in the world, with an estimated $432 billion in assets under management as of 2009.

INVESTOPEDIA EXPLAINS 'SAMA Foreign Holdings (Saudi Arabia)'

The majority of the wealth held in the SAMA Foreign Holdings fund is derived from the oil wealth of Saudi Arabia, but the fund also manages certain Saudi public pensions. It is estimated to be the second largest of the three major Gulf country funds, the other two being the ADIA (Abu Dhabi, UAE) and the KIA (Kuwait). The fund is highly secretive regarding its holdings and investment strategies.

RELATED TERMS
  1. Ras Al Khaimah Investment Authority ...

    An organization established under a 2005 decree issued by the ...
  2. Abu Dhabi Investment Authority ...

    A government-owned investment organization that manages the sovereign ...
  3. Government Of Singapore Investment ...

    A government-owned company assigned to manage Singapore's sovereign ...
  4. Sovereign Credit Rating

    The credit rating of a country or sovereign entity. Sovereign ...
  5. Central Bank

    The entity responsible for overseeing the monetary system for ...
  6. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
RELATED FAQS
  1. What types of companies benefit from reporting results utilizing constant currencies ...

    Any company that does a substantial amount of business in foreign countries, and is therefore subject to foreign currency ... Read Full Answer >>
  2. What are the differences between B-shares and H-shares traded on Chinese stock exchanges?

    Equity listings in China generally fall under three primary categories: A shares, B shares and H shares. B shares represent ... Read Full Answer >>
  3. What are the differences between H-shares and A-shares on Chinese and Hong Kong stock ...

    Publicly trade companies in China generally fall under three share categories: A shares, B shares and H-shares. A-shares ... Read Full Answer >>
  4. What are the benefits of global depositary receipts (GDRs) to investors?

    Benefits that investing in global depositary receipts (GDRs) can provide to investors include the opportunity to access investment ... Read Full Answer >>
  5. Why would an investor want to hold an American Depository Receipt rather than the ...

    There are several potential advantages available for an investor through using American depositary receipts (ADR) rather ... Read Full Answer >>
  6. What are the advantages of foreign portfolio investment?

    Foreign portfolio investment is the type of investment that an investor has abroad. There are many benefits of having a foreign ... Read Full Answer >>
Related Articles
  1. Investing Basics

    Sovereign Wealth Funds - Friend Or Foe?

    With $5.86 trillion in assets as of September 2013, SWFs have a great deal of clout in financial markets. But as the majority of SWFs are located in the Middle East and Asia, whether these largely ...
  2. Mutual Funds & ETFs

    4 Strategies For Managing A Portfolio Of Mutual Funds

    Discover some common strategies to devise a plan and maintain your holdings to reflect it.
  3. Mutual Funds & ETFs

    An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.
  4. Fundamental Analysis

    An Introduction To The International Monetary Fund (IMF)

    Chances are you've heard of the IMF. But what does it do, and why is it so controversial?
  5. Options & Futures

    Hedge Funds Hunt For Upside, Regardless Of The Market

    Hedge funds seek positive absolute returns, and engage in aggressive strategies to make this happen.
  6. Economics

    The Most Likely Outcome For Greece

    After more than five years of a Greek drama, most of us have become fatigued with hearing about Greece’s debt problems, the one issue that won’t go away.
  7. Investing

    What’s Driving Markets Today

    While U.S. stocks managed to eke out modest gains last week, it wasn’t without some violent swings along the way.
  8. Economics

    How Gloomy Headlines Support Eurozone Stocks

    It's hard to miss the many headlines on Europe lately with news ranging from Greece’s debt saga to the details of ongoing European Central Bank stimulus.
  9. Investing

    One Step Closer To Normal

    The global interest rate environment is changing. Last week, bond yields in the U.S., U.K., Europe, Japan, Australia and New Zealand all hit new highs.
  10. Economics

    What's a Correspondent Bank?

    A correspondent bank is a bank that acts on behalf of another bank, usually a foreign bank.

You May Also Like

Hot Definitions
  1. Bund

    A bond issued by Germany's federal government, or the German word for "bond." Bunds are the German equivalent of U.S. Treasury ...
  2. European Central Bank - ECB

    The central bank responsible for the monetary system of the European Union (EU) and the euro currency. The bank was formed ...
  3. Quantitative Easing

    An unconventional monetary policy in which a central bank purchases private sector financial assets in order to lower interest ...
  4. Current Account Deficit

    A measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services ...
  5. International Monetary Fund - IMF

    An international organization created for the purpose of: 1. Promoting global monetary and exchange stability. 2. Facilitating ...
  6. Risk-Return Tradeoff

    The principle that potential return rises with an increase in risk. Low levels of uncertainty (low-risk) are associated with ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!