Sovereign Wealth Fund Rankings

 

Sovereign Wealth Fund Rankings

Largest Sovereign Wealth Funds by Assets Under Management

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Country Sovereign Wealth Fund Name Assets USD-Bil Inception Origin Linaburg-Maduell Transparency Index
Norway Government Pension Fund – Global 847.6 1990 Oil 10
UAE – Abu Dhabi Abu Dhabi Investment Authority 792 1976 Oil 6
China China Investment Corporation 746.7 2007 Non-Commodity 8
Saudi Arabia SAMA Foreign Holdings 598.4 n/a Oil 4
Kuwait Kuwait Investment Authority 592 1953 Oil 6
China SAFE Investment Company 474** 1997 Non-Commodity 4
China – Hong Kong Hong Kong Monetary Authority Investment Portfolio 442.4 1993 Non-Commodity 8
Singapore Government of Singapore Investment Corporation 344 1981 Non-Commodity 6
Qatar Qatar Investment Authority 256 2005 Oil & Gas 5
China National Social Security Fund 236 2000 Non-Commodity 5
Singapore Temasek Holdings 193.6 1974 Non-Commodity 10
UAE – Dubai Investment Corporation of Dubai 183 2006 Non-Commodity 5
Saudi Arabia Public Investment Fund 160 2008 Oil 4
UAE – Abu Dhabi Abu Dhabi Investment Council 110 2007 Oil n/a
Australia Australian Future Fund 95 2006 Non-Commodity 10
South Korea Korea Investment Corporation 91.8 2005 Non-Commodity 9
Kazakhstan Samruk-Kazyna JSC 85.1 2008 Non-Commodity n/a
Kazakhstan Kazakhstan National Fund 77 2000 Oil 2
Russia National Welfare Fund 73.5 2008 Oil 5
UAE – Abu Dhabi International Petroleum Investment Company 66.3 1984 Oil 9
UAE – Abu Dhabi Mubadala Development Company 66.3 2002 Oil 10
Libya Libyan Investment Authority 66 2006 Oil 1
Russia Reserve Fund 65.7 2008 Oil 5
Iran National Development Fund of Iran 62 2011 Oil & Gas 5
US – Alaska Alaska Permanent Fund 53.9 1976 Oil 10
Algeria Revenue Regulation Fund 50 2000 Oil & Gas 1
Brunei Brunei Investment Agency 40 1983 Oil 1
US – Texas Texas Permanent School Fund 37.7 1854 Oil & Other 9
Azerbaijan State Oil Fund 37.3 1999 Oil 10
Malaysia Khazanah Nasional 34.9 1993 Non-Commodity 9
Oman State General Reserve Fund 34 1980 Oil & Gas 4
France Strategic Investment Fund 25.5 2008 Non-Commodity 9
Ireland Ireland Strategic Investment Fund 23.5 2001 Non-Commodity 10
New Zealand New Zealand Superannuation Fund 20.2 2003 Non-Commodity 10
US – New Mexico New Mexico State Investment Council 19.8 1958 Oil & Gas 9
Canada Alberta’s Heritage Fund 17.5 1976 Oil 9
US – Texas Permanent University Fund 17.2 1876 Oil & Gas n/a
East Timor Timor-Leste Petroleum Fund 16.9 2005 Oil & Gas 8
Chile Social and Economic Stabilization Fund 15.2 2007 Copper 10
UAE – Federal Emirates Investment Authority 15 2007 Oil 3
Russia Russian Direct Investment Fund 13 2011 Non-Commodity n/a
Bahrain Mumtalakat Holding Company 11.1 2006 Non-Commodity 10
Peru Fiscal Stabilization Fund 9.2 1999 Non-Commodity n/a
Chile Pension Reserve Fund 7.9 2006 Copper 10
Mexico Oil Revenues Stabilization Fund of Mexico 6.0 2000 Oil 4
Oman Oman Investment Fund 6.0 2006 Oil 4
Italy Italian Strategic Fund 6.0 2011 Non-Commodity n/a
Botswana Pula Fund 5.7 1994 Diamonds & Minerals 6
US – Wyoming Permanent Wyoming Mineral Trust Fund 5.6 1974 Minerals 9
Trinidad & Tobago Heritage and Stabilization Fund 5.5 2000 Oil 8
Brazil Sovereign Fund of Brazil 5.3 2008 Non-Commodity 9
China China-Africa Development Fund 5.0 2007 Non-Commodity 5
Angola Fundo Soberano de Angola 5.0 2012 Oil 8
US – North Dakota North Dakota Legacy Fund 3.2 2011 Oil & Gas n/a
US – Alabama Alabama Trust Fund 2.5 1985 Oil & Gas 9
Kazakhstan National Investment Corporation 2 2012 Oil n/a
Nigeria – Bayelsa Bayelsa Development and Investment Corporation 1.5 2012 Non-Commodity N/A
Nigeria Nigerian Sovereign Investment Authority 1.4 2012 Oil 9
US – Louisiana Louisiana Education Quality Trust Fund 1.3 1986 Oil & Gas n/a
Panama Fondo de Ahorro de Panamá 1.2 2012 Non-Commodity n/a
UAE – Ras Al Khaimah RAK Investment Authority 1.2 2005 Oil 3
Bolivia FINPRO 1.2 2012 Non-Commodity n/a
Senegal Senegal FONSIS 1 2012 Non-Commodity n/a
Iraq Development Fund for Iraq 0.9 2003 Oil n/a
Palestine Palestine Investment Fund 0.8 2003 Non-Commodity n/a
Venezuela FEM 0.8 1998 Oil 1
Kiribati Revenue Equalization Reserve Fund 0.6 1956 Phosphates 1
Vietnam State Capital Investment Corporation 0.5 2006 Non-Commodity 4
Gabon Gabon Sovereign Wealth Fund 0.4 1998 Oil n/a
Ghana Ghana Petroleum Funds 0.45 2011 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
Australia Western Australian Future Fund 0.3 2012 Minerals n/a
Mongolia Fiscal Stability Fund 0.3 2011 Minerals n/a
Equatorial Guinea Fund for Future Generations 0.08 2002 Oil n/a
Papua New Guinea Papua New Guinea Sovereign Wealth Fund n/a 2011 Gas n/a
Turkmenistan Turkmenistan Stabilization Fund n/a 2008 Oil & Gas n/a
US – West Virginia West Virginia Future Fund n/a 2014 Oil & Gas n/a
Mexico Fondo Mexicano del Petroleo n/a 2014 Oil & Gas n/a
Total Oil & Gas Related $4,204.9
Total Other $3,038.9
TOTAL $7,243.8

**This number is a best guess estimation.
Source: Sovereign Wealth Fund Institute
***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. Total figures are rounded to the nearest tenth.
Updated April 2016

sovereign wealth fund map

Recent Sovereign Wealth Fund Market Size by Quarter

Sovereign Wealth Fund Market Size by Quarter 1998 to 2015

Billions in USD | Full data access for subscribers only

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Period Total Sovereign Wealth Fund Assets Total Oil & Gas Related Total Other Total Oil & Gas Related (%) Total Other (%) Total Gulf SWF Assets
Mar 2016 7,400 4,201 3,199 56.78% 43.22% 2,892
Dec 2015 7,437 4,241 3,195 57.03% 42.97% 2,926
Sep 2015 7,428 4,254 3,174 57.27% 42.73% 2,963
Jun 2015 7,506 4,319 3,187 57.54% 42.46% 2,980
Mar 2015 7,527 4,345 3,182 57.72% 42.28% 3,002
Dec 2014 7,408 4,263 3,145 57.55% 42.45% 2,919

**As of December 2015, the figures calculated historically in this table are derived from the fund profile table series, not the summation from the table above. In addition, due to reporting, some figures may be revised as new information is reported.


June Data – Oil & Gas Related vs. Other

2015


2010


June Data – Region Breakout

2015


2010


Breakdown of Sovereign Wealth Funds by Year of Establishment

Counting Currently Operating SWFs only


Sovereign Wealth Fund Market Size by Quarter and Region

Billions in USD
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