List of sovereign wealth funds by country

This is a list of sovereign wealth funds by country. A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of 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, foreign exchange reserves, gold, special drawing rights (SDRs) and International Monetary Fund (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 reserves domestic and reserve foreign currencies such as the dollar, euro, pound sterling and yen. The names attributed to the management entities may include state-owned (federal, state and provincial) central banks, national monetary authorities, official investment companies, sovereign oil funds, pension funds, among others.

Some countries may have more than one SWF. In the United States, several states have their own SWFs. In February 2025, President Donald Trump signed an executive order to establish a national sovereign wealth fund. The list does not include pension funds that do not meet the SWF criteria.

List

Country Funds Assets

(billions USD)

Origin
 China China-Africa Development Fund
China Investment Corporation
National Social Security Fund
SAFE Investment Company
CNIC Corporation Limited
Beijing State-owned Assets Management
Shanghai Municipal Investment Group
Central Huijin Investment
Linfen Investment Group
2,750 Non-commodity
 United Arab Emirates Emirates Investment Authority
Managed by the Emirate of Abu Dhabi:

Managed by the Emirate of Dubai:

  • Dubai World
  • Investment Corporation of Dubai

Managed by the Emirate of Ras Al Khaimah:

Managed by the Emirate of Sharjah:

  • Sharjah Assets Management
    Fujairah Holdings
2,304 Oil & Gas
Non-commodity
 Singapore Monetary Authority of Singapore
Government of Singapore Investment Corporation
Temasek Holdings
Central Provident Fund
2,074 Non-commodity
 Norway Government Pension Fund of Norway 2,044 Oil & Gas
 Saudi Arabia Public Investment Fund
National Development Fund
1,345 Oil & Gas
 Kuwait Kuwait Investment Authority
Gulf Investment Corporation
Wafra International Investment Company
1,029 Oil & Gas
 Indonesia Indonesia Investment Authority
Danantara Indonesia Sovereign Fund

Government Investment Unit of Indonesia

600–900
Mineral, Non-commodity
 Hong Kong HK SAR Exchange Fund (HK MAS)
Hong Kong Investment Corporation
576 Non-commodity
 Qatar Qatar Investment Authority 557 Oil & Gas
 Turkey Turkey Wealth Fund 360 Non-commodity
 Australia Future Fund
Queensland Investment Corporation
Victorian Funds Management Corporation
New South Wales Treasury Corporation
357 Non-commodity
 United States United States sovereign wealth fund
State-level entities
  • Alabama Trust Fund
  • Alaska Permanent Fund
  • Coal Severance Tax Trust Fund & Public School Trust (Montana)
  • Louisiana Education Quality Trust Fund
  • New Mexico State Investment Council Permanent Funds
  • North Dakota Legacy Fund
  • Oregon Common School Fund
  • Texas Permanent School Fund
  • Texas Permanent University Fund
  • State School Fund (Utah)
  • West Virginia Future Fund
  • Wyoming Permanent/Endowment Funds
332 Oil & Gas
Non-commodity /
Minerals
Public Lands
 South Korea Korea Investment Corporation 181 Non-commodity
 Russia Russian National Wealth Fund
Russian Direct Investment Fund
174 Oil & Gas
Non-commodity
 Iran National Development Fund of Iran 156.5 Oil & Gas
 Kazakhstan Samruk-Kazyna
National Investment Corporation
155.1 Oil & Gas
 Malaysia Khazanah Nasional
Permodalan Nasional Berhad
Lembaga Tabung Angkatan Tentera
Sarawak Sovereign Wealth Future Fund
119.0 Non-commodity
 Azerbaijan Azerbaijan Investment Holding
State Oil Fund of Azerbaijan
75.0 Oil & Gas
 Brunei Brunei Investment Agency 73.0 Oil & Gas
 Tanzania Natural Gas Revenue Fund 66.4 Oil & Gas
 Oman Oman Investment Authority 53.0 Oil & Gas
 Ethiopia Ethiopian Investment Holdings 46.0 Non-commodity
 Libya Libyan Investment Authority 38.8 Oil & Gas
 United Kingdom National Wealth Fund (United Kingdom) 37.0 Non-commodity
 Austria Österreichische Beteiligungs AG 32.0 Non-commodity
 New Zealand New Zealand Superannuation Fund 27.0 Non-commodity
 Ireland Ireland Strategic Investment Fund
Future Ireland Fund
28.3 Non-commodity
 Chile Economic and Social Stabilization Fund
Pension Reserve Fund
21.0 Copper
 Bahrain Mumtalakat Holding Company 18.6 Oil & Gas
 Timor-Leste Timor-Leste Petroleum Fund 17.0 Oil & Gas
 Canada Alberta Investment Management Corporation
Alberta Heritage Savings Trust Fund

Investment Saskatchewan

16.0 Oil & Gas
 Zimbabwe Mutapa Investment Fund 16.0 Minerals
 India National Investment and Infrastructure Fund
Tamil Nadu Industrial Development Corporation
12.4 Non-commodity
 Colombia Fondo de Ahorro y Estabilización Petrolera
Fideicomiso Fondo de Ahorro y Estabilización
12.0 Oil & Gas
 Greece Growthfund 12.0 Non-commodity
 Japan Japan Investment Corporation 12.0
 Egypt The Sovereign Fund of Egypt 11.9 Non-commodity
 Italy CDP Equity, Fondo nazionale del Made in Italy 11.0 Oil & Gas
Non-commodity
 Philippines Maharlika Investment Fund 9.20 Non-commodity
Pakistan Pakistan Sovereign Wealth Fund 8.00 Oil & Gas
Non-commodity
 Mexico Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo 7.00 Oil & Gas
 Spain CofidesSociedad Estatal de Participaciones Industriales 6.00 Non-commodity
 Trinidad and Tobago The Heritage and Stabilization Fund 6.00 Oil & Gas
 Peru Fiscal Stabilization Fund 5.00 Non-commodity
 Angola Fundo Soberano de Angola 5.00 Oil & Gas
 Botswana Pula Fund 4.90 Diamonds
 Mongolia Chinggis Fund
Future Heritage Fund
Fiscal Stability Fund
4.00 Minerals
 Denmark Danish Growth Fund
Export and Investment Fund of Denmark
4.00

Non-commodity

 Israel Israeli Citizens' Fund 2.08 Gas & Minerals
 Nigeria Nigeria Sovereign Investment Authority
Bayelsa Development and Investment Corporation
2.00 Oil & Gas
 Ghana Ghana Petroleum Funds
Ghana Infrastructure Investment Fund

Minerals Income Investment Fund

2.00 Oil & Gas

Minerals

 Gabon Fonds Gabonais d’Investissements Stratégiques 1.89 Oil & Gas
 Panama Fondo de Ahorro de Panamá 1.40 Non-commodity
 Vietnam State Capital Investment Corporation 1.20 Non-commodity
 Senegal Fonds Souverain d'Investissements Stratégiques 1.20 Non-commodity
 Kiribati Revenue Equalization Reserve Fund 1.00 Phosphates
 Bolivia Fondo para la Revolución Industrial Productiva 0.40 Non-commodity
 Tuvalu Tuvalu Trust Fund

Consolidated Investment Fund

0.33
 Brazil Fundo Soberano de Estado do Espirito Santo 0.20 Oil & Gas
 Mauritania National des Revenus des Hydrocarbures 0.10 Oil & Gas
 Equatorial Guinea Réserves pour Générations Futures 0.10
 Sweden Förvaltningsaktiebolaget Stattum
 Nauru Nauru Phosphate Royalties Trust Phosphate
 Portugal Parpública
 Finland Solidium

See also

  • List of U.S. states by sovereign wealth funds

wikipedia, wiki, encyclopedia, book, library, article, read, free download, Information about List of sovereign wealth funds by country, What is List of sovereign wealth funds by country? What does List of sovereign wealth funds by country mean?