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Global Sovereign Wealth Funds

There are approx. 160 sovereign wealth funds (SWF) globally, the world's largest by assets under management are:

NBIM, Norway                                                                   USD 1.3tn

CIC, China                                                                          USD 1.2tn 

Kuwait Investment Authority                                            USD 693tn

Abu Dhabi Investment Authority                                     USD 649bn

Hong Kong Monetary Authority Investment Portfolio   USD 581bn

GIC, Singapore                                                                  USD 545bn

Temasek, Singapore                                                          USD 484bn

There are a further 275 public pension fund (PPF) with assets under management of USD 21,350 bn.

Europe (21)
Austria

Austrian State and Industrial Holding Limited

www.oebag.gv.at

Belgium

Regional Investment Company of Wallonia

www.sriw.be

SFPI-FPIM

www.sfpi-fpim.be

Cyprus

Cyprus National Investment Fund

http://mof.gov.cy

Finland

Solidium

www.solidium.fi

France

France Strategic Investment Fund 

www.bpifrance.com

Germany

Nuclear Waste Disposal Fund

www.kenfo.de

Greece

Hellenic Corporation of Assets and Participation S.A. 

www.hcap.gr

Ireland

Ireland Strategic Investment Fund

www.ntma.ie

 

PPF = National Pensions Reserve Fund

 

Italy

CDP Equity

www.cdpequity.it

Luxembourg

Fonds souverain intergénératiponnel du Luxembourg / Luxembourg Intergenerational Sovereign Fund 

https://te.public.lu

Malta

National Development and Social Fund

https://ndsf.com.mt

Monaco

Monaco Constitutional Reserve Fund

https://en.gouv.mc

Norway

Norway Government Pension Fund Global 

www.nbim.no

Poland

Polish Development Fund

https://pfrsa.pl

Russia

National Welfare Fund

https://minfin.gov.ru/en/key/nationalwealthfund/

Reserve Fund of Russia

Russian Direct Investment Fund

https://rdif.ru/

 

Spain

Sociedad Estatal de Participaciones Industriales (SEPI)

www.sepi.es

Sweden

Förvaltningsaktiebolaget Stattum

www.government.se

 

Turkey

Türkiye Varlik Fonu / Turkey Wealth Fund

www.tvf.com.tr

North America (19)

Canada

Alberta Investment Management Corporation

Little Red River Cree National Sovereign Wealth Fund

Ontario First Nations Sovereign Wealth

Mexico

Mexico Budgetary Income Stabilization Fund

Fondo Mexicano del Petroleo

United States of America

Alabama Trust Fund

Alaska Permanent Fund Corporation

Colorado Public School Fund Investment Board

Idaho Endowment Fund Investment Board 

Louisiana Education Quality Trust Fund 

Native Hawaiian Trust Fund

New Mexico State Investment Council

North Dakota Legacy Fund 

Oklahoma Tobacco Settlement Endowment Trust 

Texas Permanent School Fund

University of Texas Investment Management Company

Utah SITFO

West Virginia Future Fund

Wyoming State Loan and Investment Fund

Asia & Middle East (51)

Azerbaijan

State Oil Fund of Azerbaijan

Azerbaijan Investment Holding

 

Bahrain

Mumtalakat Holding

Bhutan

Bhutan Economic Stabilisation Fund

Brunei

Brunei Investment Agency

 

China

China-Africa Development Fund

China Investment Corporation

National Council for Social Security Fund

SAFE Investment Company

 

Hong Kong

CNIC Corporation Limited

Hong Kong Future Fund

Hong Kong Monetary Authority Investment Portfolio

 

Indonesia

Indonesia Investment Authority

Iran

Iran Oil Stabilisation Fund

National Development Fund of Iran

 

Israel

Israel Citizens Fund

Iraq

Development Fund for Iraq 

  

Japan

Japan Investment Corporation

 

​Kazakhstan

Kazakhstan National Fund

National Investment Corporation

Samruk-Kazyna

Kuwait

Kuwait Investment Authority

Malaysia

Khazanah Nasional

Mongolia

Mongolia Fiscal Stability Fund

Mongolia Future Heritage Fund

Oman

Oman Investment Fund

Oman Investment Authority

State General Reserve Fund

 

Palestine

Palestine Investment Fund 

Qatar

Qatar Investment Authority

Qatar Investment Office

Saudi Arabia

Public Investment Fund

Saudi Technology and Development Company 

Singapore

GIC Private Limited

Temasek Holdings

Sentosa Development Corporation

  

South Korea

Korea Investment Corporation

Taiwan

Taiwan National Stabilisation Fund

Turkmenistan

Turkmenistan Stabilisation Fund
 

United Arab Emirates

Abu Dhabi Investment Authority 

Abu Dhabi Development Holding Company

Abu Dhabi Investment Council

Emirates Investment Authority

Fujairah Holdings

International Petroleum Investment Company

Investment Corporation of Dubai

Mubadala Investment Company

Mubadala Development Company

Sharjah Asset Management

 

Uzbekistan

Fund for Reconstruction and Development of Uzbekistan

 

Vietnam

State Capital Investment Corporation

Oceania (9)

Australia

Future Fund

NSW Generations Fund

Western Australian Future Fund 

East Timor

Timor-Leste Petroleum Fund

Kiribati

Kiribati Revenue Equalisation Reserve Fund 

Nauru

Inter-generational Trust Fund for the People of the Republic of Nauru

 

New Zealand

New Zealand Superannuation Fund

Papua New Guinea

Papua New Guinea Sovereign Wealth Fund

Tuvalu

Tuvalu Trust Fund

South & Central America (11)

Bolivia

Fund for Productive Industrial Revolution

Brazil

Sovereign Wealth Fund of Brazil

Chile

Chile Pension Reserve Fund

Social and Economic Stabilisation Fund

Colombia

Colombia Savings and Stabilisation Fund

 

Guyana

Guyana Natural Resource Fund 

Panama

Fondo de Ahorro de Panama

 

Peru

Peru Fiscal Stabilisation Fund 

 

Suriname

Savings and Stability Fund Suriname

 

Trinidad and Tobago

The Heritage and Stabilisation Fund

Venezuela

Macroeconomic Stabilisation Fund (FIEM)

Africa (26)

Algeria

Fond de Regulation des Recettes

 

​​Angola

Revenue Regulation Fund (Fundo Soberano de Angola )

 

Botswana

Pula Fund

 

Cape Verde 

Cape Verde Sovereign Wealth Fund

Djibouti

Sovereign Fund of Djibouti

Egypt

Egypt Fund

 

Equatorial Guinea

Equatorial Guinea Fund for Future Generations

 

Ethiopia

Ethiopian Investment Holdings

Gabon

Sovereign Fund of the Gabonese Republic

Strategic Investment Fund of Gabon

Ghana

Ghana Heritage Fund

Ghana Stabilisation Fund

Ghana Infrastructure Investment Fund

  

Libya

Libyan Investment Authority

 

Mauritania

National Fund for Hydrocarbon Reserves

 

Mauritius

Mauritius Investment Corporation

Namibia

Namibia Minerals Development Fund

Sovereign Fund of Nambia*

Welwitschia Fund*

 

Nigeria

Bayelsa Development and Investment Corporation

Nigeria Sovereign Investment Authority 

 

Rwanda

Agaciro Development Fund

 

Senegal

Fonds Souverain d'Investissements Strategiques (FONSIS)

South Africa

Public Investment Corporation

Uganda

Petroleum Investment Fund of Uganda

Zimbabwe

Sovereign Wealth Fund of Zimbabwe

Notes

Last updated in January 2022. Data may change, no warranty is given as to completeness, accuracy or timliness. This list does not cover national Credit agencies, Export Guarantee agencies or Central Banks.

Austria
Belgium
Cyprus
Finland
France
Greece
Ireland
Italy
Malta
Luxembourg
Monaco
Norway
Poland
Russia
Spain
Sweden
Turkey
Germany
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