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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 998.93 1990 Oil 10
UAE – Abu Dhabi Abu Dhabi Investment Authority 828 1976 Oil 6
China China Investment Corporation 813.8 2007 Non-Commodity 8
Kuwait Kuwait Investment Authority 524 1953 Oil 6
Saudi Arabia SAMA Foreign Holdings 514 1952 Oil 4
China – Hong Kong Hong Kong Monetary Authority Investment Portfolio 456.6 1993 Non-Commodity 8
China SAFE Investment Company 441** 1997 Non-Commodity 4
Singapore Government of Singapore Investment Corporation 359 1981 Non-Commodity 6
Qatar Qatar Investment Authority 320 2005 Oil & Gas 5
China National Social Security Fund 295 2000 Non-Commodity 5
Saudi Arabia Public Investment Fund 223.9 2008 Oil 4
UAE – Dubai Investment Corporation of Dubai 209.5 2006 Non-Commodity 5
Singapore Temasek Holdings 197 1974 Non-Commodity 10
UAE – Abu Dhabi Mubadala Investment Company 125 2002 Oil 10
South Korea Korea Investment Corporation 122.3 2005 Non-Commodity 9
UAE – Abu Dhabi Abu Dhabi Investment Council 110 2007 Oil n/a
Australia Australian Future Fund 105.4 2006 Non-Commodity 10
Iran National Development Fund of Iran 91 2011 Oil & Gas 5
Russia National Welfare Fund 72.2 2008 Oil 5
Libya Libyan Investment Authority 66 2006 Oil 1
Kazakhstan Kazakhstan National Fund 64.7 2000 Oil 2
US – Alaska Alaska Permanent Fund 61.5 1976 Oil 10
Kazakhstan Samruk-Kazyna JSC 60.9 2008 Non-Commodity 10
Brunei Brunei Investment Agency 40 1983 Oil 1
US – Texas Texas Permanent School Fund 37.7 1854 Oil & Other 9
Malaysia Khazanah Nasional 34.9 1993 Non-Commodity 9
UAE – Federal Emirates Investment Authority 34 2007 Oil 3
Azerbaijan State Oil Fund 33.1 1999 Oil 10
New Zealand New Zealand Superannuation Fund 28.5 2003 Non-Commodity 10
US – New Mexico New Mexico State Investment Council 20.2 1958 Oil & Gas 9
Oman State General Reserve Fund 18 1980 Oil & Gas 4
US – Texas Permanent University Fund 17.3 1876 Oil & Gas 9
East Timor Timor-Leste Petroleum Fund 16.6 2005 Oil & Gas 8
Russia Reserve Fund 16.2 2008 Oil 5
Chile Social and Economic Stabilization Fund 14.7 2007 Copper 10
Canada Alberta’s Heritage Fund 13.4 1976 Oil 9
Russia Russian Direct Investment Fund 13 2011 Non-Commodity 7
Bahrain Mumtalakat Holding Company 10.6 2006 Non-Commodity 10
Chile Pension Reserve Fund 9.4 2006 Copper 10
Ireland Ireland Strategic Investment Fund 8.5 2001* Non-Commodity 10
Peru Fiscal Stabilization Fund 7.9 1999 Non-Commodity n/a
Algeria Revenue Regulation Fund 7.6 2000 Oil & Gas 1
US – Wyoming Permanent Wyoming Mineral Trust Fund 7.3 1974 Minerals 9
Brazil Sovereign Fund of Brazil 7.3 2008 Non-Commodity 9
Mexico Oil Revenues Stabilization Fund of Mexico 6.0 2000 Oil 4
Oman Oman Investment Fund 6.0 2006 Oil 4
Botswana Pula Fund 5.7 1994 Diamonds & Minerals 6
Trinidad & Tobago Heritage and Stabilization Fund 5.5 2000 Oil 8
China China-Africa Development Fund 5.0 2007 Non-Commodity 5
Angola Fundo Soberano de Angola 4.6 2012 Oil 8
US – North Dakota North Dakota Legacy Fund 4.3 2011 Oil & Gas 8
Colombia Colombia Savings and Stabilization Fund 3.5 2011 Oil and Mining n/a
US – Alabama Alabama Trust Fund 2.7 1985 Oil & Gas 9
Kazakhstan National Investment Corporation 2 2012 Oil n/a
US – Utah Utah – SITFO 2 1896 Land and Mineral Royalties n/a
US – Idaho Idaho Endowment Fund Investment Board 2 1969 Land and Mineral Royalties 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 10
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
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
UAE – Sharjah Sharjah Asset Management n/a 2008 Non-commodity n/a
Turkey Turkey Wealth Fund n/a 2016 Non-commodity n/a
Total Oil & Gas Related $4,293.56
Total Other $3,224.70
TOTAL $7,518.26

**This number is a best guess estimation.
Source: Sovereign Wealth Fund Institute (SWFI)
Data standardization and other methodologies
***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 Oct 2017

sovereign wealth fund map

Recent Sovereign Wealth Fund Market Size by Quarter

Sovereign Wealth Fund Market Size by Quarter 1998 to 2017

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
Jun 2017 7,421 4,168 3,253 56.16% 43.84% 2,878
Mar 2017 7,391 4,166 3,226 56.36% 43.64% 2,910
Dec 2016 7,332 4,139 3,193 56.45% 43.55% 2,925
Sep 2016 7,372 4,175 3,197 56.63% 43.37% 2,941
Jun 2016 7,299 4,121 3,178 56.46% 43.54% 2,916
Mar 2016 7,283 4,125 3,158 56.64% 43.36% 2,917
Dec 2015 7,310 4,128 3,183 56.46% 43.54% 2,882
Sep 2015 7,214 4,086 3,128 56.64% 43.36% 2,854

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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