DUBAI - Saudi Arabia's Public Investment Fund (PIF) has around $230 billion worth of assets under management, its managing director told Bloomberg Television in an interview aired on Tuesday.

PIF MD Yasir al-Rumayyan also said the country's top sovereign wealth fund was targeting returns of between 4 percent and 12 percent by 2025-2030.

(Reporting by Alexander Cornwell, editing by David Evans) ((Alexander.Cornwell@thomsonreuters.com;))