SAMA Foreign Holdings (Saudi Arabia)
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 Definitions
Articles Of Interest
-
4 Strategies For Managing A Portfolio Of Mutual Funds
Discover some common strategies to devise a plan and maintain your holdings to reflect it. -
An Introduction To Sovereign Wealth Funds
Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency. -
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? -
Hedge Funds Hunt For Upside, Regardless Of The Market
Hedge funds seek positive absolute returns, and engage in aggressive strategies to make this happen. -
Sovereign Wealth Funds - Friend Or Foe?
SWFs increase long-term demand for financial assets and give U.S. companies better access to capital. -
Inspecting A Country's Debt
Tensions over just how to handle debt are pitting the rich world against the developing world like never before. -
Exploring Non-Dollar Currencies For Forex Trading
Learn how investments in foreign currencies can diversify your portfolio. -
Emerging Markets' Environmental Commitment
Most people think of the industrial and developed world as leaders when it comes to green technologies and environmental stewardship. After moving past their high-growth stages, many developed ... -
A Look Into Foreign Direct Investment Trends
Foreign direct investments play an increasingly important role in countries as an indicator for a healthy economy in terms of economic growth and long-term capital movement. -
Why China's Currency Tangos With The USD
Congress often debates pressuring China to appreciate its currency, but the yuan/dollar peg has benefits for both countries.
Free Annual Reports