List of sovereign wealth funds by country
Updated: 5/20/2026, 7:42:16 PM Wikipedia source
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.
Tables
| 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 | 3,974 | Non-commodity |
| United Arab Emirates | Emirates Investment Authority Managed by the Emirate of Abu Dhabi: Abu Dhabi Developmental Holding Company Abu Dhabi Investment Authority Mubadala Investment Company Managed by the Emirate of Dubai: Dubai World Investment Corporation of Dubai Managed by the Emirate of Ras Al Khaimah: Ras Al Khaimah Investment Authority Managed by the Emirate | 2,695 | 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 |
| Canada | CPP Investments Canada Strong Fund Province-level entities Alberta Investment Management Corporation Alberta Heritage Savings Trust Fund BC Pension Corporation La Caisse Investment Saskatchewan Ontario Municipal Employees Retirement System Ontario Teachers' Pension Plan Public Sector Pension Investment Board | 2,013 | Oil & Gas Non-commodity |
| 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 | 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 Western Australia Future Health Research and Innovation Fund | 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 Perman | 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 | Oil & Gas |
| Kazakhstan | Samruk-Kazyna National Investment Corporation | 155 | Oil & Gas |
| Malaysia | Khazanah Nasional Permodalan Nasional Berhad Lembaga Tabung Angkatan Tentera Sarawak Sovereign Wealth Future Fund | 119 | Non-commodity |
| Azerbaijan | Azerbaijan Investment Holding State Oil Fund of Azerbaijan | 75 | Oil & Gas |
| Brunei | Brunei Investment Agency | 73 | Oil & Gas |
| Tanzania | Natural Gas Revenue Fund | 66 | Oil & Gas |
| Oman | Oman Investment Authority | 60 | Oil & Gas Non-commodity |
| Ethiopia | Ethiopian Investment Holdings | 46 | Non-commodity |
| Libya | Libyan Investment Authority | 38 | Oil & Gas |
| United Kingdom | National Wealth Fund (United Kingdom) | 37 | Non-commodity |
| Austria | Österreichische Beteiligungs AG | 32 | Non-commodity |
| New Zealand | New Zealand Superannuation Fund | 27 | Non-commodity |
| Ireland | Ireland Strategic Investment Fund Future Ireland Fund | 28 | Non-commodity |
| Chile | Economic and Social Stabilization Fund Pension Reserve Fund | 21 | Copper |
| Bahrain | Mumtalakat Holding Company | 18 | Oil & Gas |
| Timor-Leste | Timor-Leste Petroleum Fund | 17 | Oil & Gas |
| Zimbabwe | Mutapa Investment Fund | 16 | Minerals |
| India | National Investment and Infrastructure Fund Tamil Nadu Industrial Development Corporation | 12 | Non-commodity |
| Colombia | Fondo de Ahorro y Estabilización Petrolera Fideicomiso Fondo de Ahorro y Estabilización | 12 | Oil & Gas |
| Greece | Growthfund | 12 | Non-commodity |
| Japan | Japan Investment Corporation | 12 | |
| Egypt | The Sovereign Fund of Egypt | 11 | Non-commodity |
| Italy | CDP Equity, Fondo nazionale del Made in Italy | 11 | Oil & Gas Non-commodity |
| Philippines | Maharlika Investment Fund | 9 | Non-commodity |
| Pakistan | Pakistan Sovereign Wealth Fund | 8 | Oil & Gas Non-commodity |
| Mexico | Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo | 7 | Oil & Gas |
| Spain | CofidesSociedad Estatal de Participaciones Industriales | 6 | Non-commodity |
| Trinidad and Tobago | The Heritage and Stabilization Fund | 6 | Oil & Gas |
| Peru | Fiscal Stabilization Fund | 5 | Non-commodity |
| Angola | Fundo Soberano de Angola | 5 | Oil & Gas |
| Botswana | Pula Fund | 4 | Diamonds |
| Mongolia | Chinggis Fund Future Heritage Fund Fiscal Stability Fund | 4 | Minerals |
| Denmark | Danish Growth Fund Export and Investment Fund of Denmark | 4 | Non-commodity |
| Israel | Israeli Citizens' Fund | 2 | Oil & Gas Minerals |
References
- Hong Kong Government's stake in the Mass Transit Railway Corporation (MTRCL) and the Airport Authority (AA), both of whi
- "Fact Sheet: President Donald J. Trump Orders Plan for a United States Sovereign Wealth Fund"https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-orders-plan-for-a-united-states-sovereign-wealth-fund/
- "Trump orders creation of US sovereign wealth fund, says it could buy TikTok"https://www.reuters.com/markets/wealth/trump-signs-executive-order-create-sovereign-wealth-fund-2025-02-03/
- wwwhttps://www.swfinstitute.org/profile/598cdaa50124e9fd2d05acbc
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- wwwhttps://www.swfinstitute.org/profile/598cdaa60124e9fd2d05bd9b
- wwwhttps://www.swfinstitute.org/profile/5e4b093cbee4fb1bd601f0ce
- globalswfhttps://globalswf.com/fund/ADQ
- wwwhttps://www.swfinstitute.org/profile/598cdaa50124e9fd2d05a79b
- globalswfhttps://globalswf.com/fund/ADPF
- globalswfhttps://globalswf.com/fund/DUB-WRD
- wwwhttps://www.swfinstitute.org/profile/598cdaa50124e9fd2d05afc6
- wwwhttps://www.swfinstitute.org/profile/598cdaa60124e9fd2d05b883
- "Sharjah Asset Management – The Investment Arm of the Government of Sharjah"https://sam.ae/
- wwwhttps://www.swfinstitute.org/profile/598cdaa60124e9fd2d05bc8b
- wwwhttps://www.swfinstitute.org/profile/598cdaa50124e9fd2d05b49f
- globalswfhttps://globalswf.com/fund/GPSSA