Country |
Funds |
Assets USD billion |
Origin
|
China[1][2][3][4][5] |
China-Africa Development Fund / China Investment Corporation / National Council for Social Security Fund / State Administration of Foreign Exchange / CNIC Corporation Limited (Guoxin International Investment Co., Ltd.) |
2,750 |
Non-commodity
|
Singapore[a] |
Monetary Authority of Singapore / Government of Singapore Investment Corporation / Temasek Holdings / Central Provident Fund |
2,074 |
Non-commodity
|
United Arab Emirates[b] |
Abu Dhabi Developmental Holding Company[21] / Abu Dhabi Investment Authority / Dubai World / Emirates Investment Authority / Investment Corporation of Dubai / Mubadala Investment Company / Ras Al Khaimah Investment Authority / Sharjah Assets Management[22] / Fujairah Holdings[23] |
2,040 |
Oil & Gas / Non-commodity
|
Norway[24] |
Government Pension Fund of Norway |
1,555 |
Oil & Gas
|
Saudi Arabia[25][26] |
Public Investment Fund / National Development Fund |
1,345 |
Oil & Gas
|
Kuwait[27] |
Kuwait Investment Authority / Gulf Investment Corporation / Wafra International Investment Company |
804 |
Oil & Gas
|
Hong Kong[28][29][30][31]
|
HK SAR Exchange Fund (HK MAS) / Hong Kong Investment Corporation[c]
|
576.1
|
Non-commodity
|
Qatar |
Qatar Investment Authority |
450 |
Oil & Gas
|
Australia |
Future Fund / Queensland Investment Corporation / Victorian Funds Management Corporation / New South Wales Treasury Corporation |
357 |
Non-commodity
|
United States[d] |
State-level entities Alaska Permanent Fund / New Mexico State Investment Council / Permanent Wyoming Mineral Trust Fund / Utah School and Institutional Trust Funds Office / Idaho Endowment Fund Investment Board / Texas Permanent School Fund / Texas Permanent University Fund / Alabama Trust Fund / North Dakota Legacy Fund / Louisiana Education Quality Trust Fund / Oregon Common School Fund / West Virginia Future Fund
|
322 |
Oil & Gas / Non-commodity / Minerals / Public Lands
|
South Korea[32][33]
|
Korea Investment Corporation
|
181
|
Non-commodity
|
Russia[34][35] |
Russian National Wealth Fund / Russian Direct Investment Fund |
174 |
Oil & Gas / Non-commodity
|
Iran[36] |
National Development Fund of Iran |
156.5 |
Oil & Gas
|
Kazakhstan |
Samruk-Kazyna[37] / National Investment Corporation |
155.1 |
Oil & Gas
|
Ethiopia[38] |
Ethiopian Investment Holdings |
150.0 |
Non-commodity
|
Malaysia[39][40][41][42]
|
Khazanah Nasional / Permodalan Nasional Berhad / Lembaga Tabung Angkatan Tentera / Sarawak Sovereign Wealth Future Fund[43]
|
119
|
Non-commodity
|
Azerbaijan[44] |
Azerbaijan Investment Holding / State Oil Fund of Azerbaijan |
75 |
Oil & Gas
|
Brunei[45] |
Brunei Investment Agency |
73 |
Oil & Gas
|
Tanzania
|
Natural Gas Revenue Fund
|
66.4
|
Oil & Gas
|
Libya[46] |
Libyan Investment Authority |
38.8 |
Oil & Gas
|
Oman[47] |
Oman Investment Authority |
41.5 |
Oil & Gas
|
Turkey |
Turkey Wealth Fund |
34 |
Non-commodity
|
Austria |
Österreichische Beteiligungs AG |
32 |
Non-commodity
|
New Zealand |
New Zealand Superannuation Fund |
27 |
Non-commodity
|
Chile |
Economic and Social Stabilization Fund / Pension Reserve Fund |
21 |
Copper
|
Bahrain[48] |
Mumtalakat Holding Company |
18.6 |
Oil & Gas
|
East Timor[49] |
Timor-Leste Petroleum Fund |
17 |
Oil & Gas
|
Canada
|
Alberta Investment Management Corporation / Alberta Heritage Savings Trust Fund
|
16
|
Oil & Gas
|
India |
National Investment and Infrastructure Fund, Tamil Nadu Industrial Development Corporation |
12.4 |
Non-commodity
|
Ireland |
Ireland Strategic Investment Fund |
12 |
Non-commodity
|
Colombia |
Fondo de Ahorro y Estabilización Petrolera / Fideicomiso Fondo de Ahorro y Estabilización |
12 |
Oil & Gas
|
Italy
|
CDP Equity, Fondo nazionale del Made in Italy
|
11
|
Oil & Gas / Non-commodity
|
Philippines |
Maharlika Investment Fund |
9.2 |
Non-commodity
|
Pakistan
|
Pakistan Sovereign Wealth Fund
|
8.0
|
Oil & Gas / Non-commodity
|
Mexico |
Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo |
7 |
Oil & Gas
|
Trinidad and Tobago |
The Heritage and Stabilization Fund[50] |
6 |
Oil & Gas
|
Indonesia[51] |
Indonesia Investment Authority |
5.6 |
Non-commodity
|
Peru |
Fiscal Stabilization Fund |
5 |
Non-commodity
|
Angola |
Fundo Soberano de Angola |
5 |
Oil & Gas
|
Botswana[52] |
Pula Fund |
4.9 |
Diamonds
|
Mongolia |
Future Heritage Fund[53][54]/ Fiscal Stability Fund[55] |
4 |
Minerals
|
Denmark |
Danish Growth Fund / Export and Investment Fund of Denmark [56] |
4 |
Non-commodity
|
Nigeria |
Nigeria Sovereign Investment Authority / Bayelsa Development and Investment Corporation |
2 |
Oil & Gas
|
Ghana |
Ghana Petroleum Funds / Ghana Infrastructure Investment Fund |
2 |
Oil & Gas
|
Israel[57] |
Israeli Citizens' Fund |
1.83 |
Gas & Minerals
|
Panama |
Fondo de Ahorro de Panamá |
1.4 |
Non-commodity
|
Vietnam |
State Capital Investment Corporation |
1.2 |
Non-commodity
|
Gabon |
Fonds Gabonais d’Investissements Stratégiques |
1.0 |
Oil & Gas
|
Egypt[58] |
The Sovereign Fund of Egypt |
11.9 |
Non-commodity
|
Bolivia |
Fondo para la Revolución Industrial Productiva |
0.4 |
Non-commodity
|
Kiribati |
Revenue Equalization Reserve Fund |
0.4 |
Phosphates
|
Senegal |
Fonds Souverain d'Investissements Stratégiques |
0.1 |
Non-commodity
|
Mauritania |
National des Revenus des Hydrocarbures |
0.1 |
Oil & Gas
|
Equatorial Guinea |
Réserves pour Générations Futures |
0.1 |
Oil & Gas
|