Wealthiest sovereign wealth funds

List of countries by sovereign wealth funds

A sovereign wealth fund (SWF) is a fund owned by a state composed of financial assets such as stocks, bonds, property or other financial instruments.Sovereign wealth funds are entities that manage the national savings for the purposes of investment. The accumulated funds may have their origin in, or may represent foreign currency deposits, gold, SDRs and IMF reserve position held by central banks and monetary authorities, along with other national assets such as pension investments, oil funds, or other industrial and financial holdings. These are assets of the sovereign nations which are typically held in domestic and different reserve currencies such as the dollar, euro and yen. The names attributed to the management entities may include central banks, official investment companies, state pension funds, sovereign oil funds, among others.

Largest sovereign wealth funds

Country Fund Assets $Billion Inception Origin Approx wealth per citizen
 United Arab Emirates (Abu Dhabi Emirate) ADIA Abu Dhabi Investment Authority $875 1976 Oil $1,000,000
GPF The Government Pension Fund of Norway $391,300 1990 Oil $74,500
GIC Government of Singapore Investment Corporation $330 1981 Non-commodity $100,000
KIA Kuwait Investment Authority $264.4 1953 Oil $80,000
CIC China Investment Corporation $200 2007.09.28 Non-commodity $151
Temasek Holdings $159.2 1974 Non-commodity $35,400
FFMA Australian Government Future Fund $81.3 2004 Non-commodity $3,900
QIA Qatar Investment Authority $50 2000 Oil $250,000
(Alaska) APFC Alaska Permanent Fund $40.1 1976 Oil $61,000
Libyan Investment Authority $50 1981 Oil $7,200
RNWF Russian National Wealth Fund $32.6 2008 Oil n/a
BIA Brunei Investment Agency $30 1983 Oil $90,100
KIC Korea Investment Corporation $30 2005 Non-commodity $417
KN Khazanah Nasional $18.3 1993 Non-commodity $658
KNF Kazakhstan National Fund $23.0 2000 Oil $1170
SAFE State Administration of Foreign Exchange n/a n/a Non-commodity n/a
NSF National Stabilisation Fund $15 2000 Non-commodity $652
(Alberta) AHF Alberta Heritage Fund $16.6 1976 Oil & Gas $5000
OSF Oil Stabilisation Fund $12.9 1999 Oil $174
 United Arab Emirates (Dubai Emirate) Istithmar n/a 2003 Oil n/a
Saudi Arabia Sovereign Wealth Fund $5.2 2008 Oil n/a

Source

References

Search another word or see Wealthiest sovereign wealth fundson Dictionary | Thesaurus |Spanish
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature