Fund Rankings

 

Sovereign Wealth Fund Rankings

Largest Sovereign Wealth Funds by Assets Under Management

Country Fund Name Assets $Billion Inception Origin Linaburg-Maduell Transparency Index
UAE – Abu Dhabi Abu Dhabi Investment Authority $627 1976 Oil 4
China SAFE Investment Company $567.9** 1997 Non-Commodity 2
Norway Government Pension Fund – Global $560 1990 Oil 10
Saudi Arabia SAMA Foreign Holdings $472.5 n/a Oil 4
China China Investment Corporation $409.6 2007 Non-Commodity 7
Kuwait Kuwait Investment Authority $296 1953 Oil 6
China – Hong Kong Hong Kong Monetary Authority Investment Portfolio $293.3 1993 Non-Commodity 8
Singapore Government of Singapore Investment Corporation $247.5 1981 Non-Commodity 6
Singapore Temasek Holdings $157.2 1974 Non-Commodity 10
Russia National Welfare Fund $149.7* 2008 Oil 5
China National Social Security Fund $134.5 2000 Non-Commodity 5
Qatar Qatar Investment Authority $85 2005 Oil 5
Australia Australian Future Fund $73 2004 Non-Commodity 10
UAE – Dubai Investment Corporation of Dubai $70 2006 Oil 4
Libya Libyan Investment Authority $65 2006 Oil 2
UAE – Abu Dhabi International Petroleum Investment Company $58 1984 Oil 3
Algeria Revenue Regulation Fund $56.7 2000 Oil 1
South Korea Korea Investment Corporation $43 2005 Non-Commodity 9
US – Alaska Alaska Permanent Fund $40.3 1976 Oil 10
Kazakhstan Kazakhstan National Fund $38.6 2000 Oil 6
Malaysia Khazanah Nasional $36.8 1993 Non-Commodity 5
Azerbaijan State Oil Fund $30.2 1999 Oil 10
Ireland National Pensions Reserve Fund $30 2001 Non-Commodity 10
Brunei Brunei Investment Agency $30 1983 Oil 1
France Strategic Investment Fund $28 2008 Non-Commodity n/a
UAE – Abu Dhabi Mubadala Development Company $27.1 2002 Oil 10
US – Texas Texas Permanent School Fund $24.4 1854 Oil & Other n/a
Iran Oil Stabilisation Fund $23 1999 Oil 1
Chile Social and Economic Stabilization Fund $21.8 1985 Copper 10
Canada Alberta’s Heritage Fund $15.1 1976 Oil 9
US – New Mexico New Mexico State Investment Council $14.3 1958 Non-Commodity 9
New Zealand New Zealand Superannuation Fund $13.5 2003 Non-Commodity 10
Brazil Sovereign Fund of Brazil $11.3 2008 Non-Commodity n/a
Bahrain Mumtalakat Holding Company $9.1 2006 Non-Commodity 9
Oman State General Reserve Fund $8.2 1980 Oil & Gas 1
Botswana Pula Fund $6.9 1994 Diamonds & Minerals 6
East Timor Timor-Leste Petroleum Fund $6.3 2005 Oil & Gas 6
Mexico Oil Revenues Stabilization Fund of Mexico $6.0 2000 Oil n/a
Saudi Arabia Public Investment Fund $5.3 2008 Oil 4
China China-Africa Development Fund $5.0 2007 Non-Commodity 4
US – Wyoming Permanent Wyoming Mineral Trust Fund $4.7 1974 Minerals 9
Trinidad & Tobago Heritage and Stabilization Fund $2.9 2000 Oil 8
US – Alabama Alabama Trust Fund $2.5 1985 Oil & Gas n/a
Italy Italian Strategic Fund $1.4 2011 Non-Commodity n/a
UAE – Ras Al Khaimah RAK Investment Authority $1.2 2005 Oil 3
Nigeria Nigerian Sovereign Investment Authority $1 2011 Oil n/a
Venezuela FEM $0.8 1998 Oil 1
Vietnam State Capital Investment Corporation $0.5 2006 Non-Commodity 4
Kiribati Revenue Equalization Reserve Fund $0.4 1956 Phosphates 1
Gabon Gabon Sovereign Wealth Fund $0.4 1998 Oil n/a
Indonesia Government Investment Unit $0.3 2006 Non-Commodity n/a
Mauritania National Fund for Hydrocarbon Reserves $0.3 2006 Oil & Gas 1
US – North Dakota North Dakota Legacy Fund $0.1 2011 Oil & Gas n/a
Equatorial Guinea Fund for Future Generations $0.08 2002 Oil n/a
UAE – Federal Emirates Investment Authority n/a 2007 Oil 2
Oman Oman Investment Fund n/a 2006 Oil n/a
UAE – Abu Dhabi Abu Dhabi Investment Council n/a 2007 Oil n/a
Papua New Guinea Papua New Guinea Sovereign Wealth Fund n/a 2011 Gas n/a
Mongolia Fiscal Stability Fund n/a 2011 Mining n/a
Total Oil & Gas Related $2,703.7
Total Other $2,110.0
TOTAL $4,813.7

*This includes the oil stabilization fund of Russia.
**This number is a best guess estimation.
***All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their assets, from other publicly available sources. Some of these figures are best estimates as market values change day to day.
Updated February 2012

Recent Sovereign Wealth Fund Market Size by Quarter

Sep2007 Dec2007 Mar2008 Jun2008 Sep2008 Dec2008 Mar2009 Jun2009 Sep2009 Dec2009 Mar2010
3,265 3,259 3,427 3,916 4,054 4,140 3,749 3,790 3,914 4,022 4,052
Jun2010 Sep2010 Dec2010 Mar2011 June2011 Sep2011 Dec2011
4,107 4,154 4,406 4,551 4,731 4,811 4,772

**The above data has been pulled on specific dates. Market size reflects official disclosure, fund creation, investment activity, capital injections, and other variables.

sovereign wealth funds dec2010 Fund Rankings

Updated November 2010

sovereign wealth funds dec2009 Fund Rankings

December 2009

SWFAssets Russell2000Close Dec2011 Fund Rankings