Africa - Top Sovereign Wealth Funds
By Carlson C. , views , updated
The Public Investment Corporate (PIC) is the sovereign wealth fund of South Africa and the largest asset manager for Africa with an asset size of US$160 billion (2016). Established in 1911, it holds large stakes in several South African companies, and is also responsible for investing the South African Government Employees Pension Fund (GEPF).
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Check out the rest of the largest sovereign wealth funds (SWFs) by region: