Investor Presentaiton
Largest SWFs (Ranked by Total Assets Under Management)
Consistency of contributions is key to the overall impact of Sovereign Wealth Funds
Nigeria
Sovereign
Investment
Authority
Rank
Name
AUM (US$bn)
1
Government Pension Fund Global (Norges Bank), Norway
2
China Investment Corporation, China
3
Abu Dhabi Investment Authority, United Arab Emirates
4
Kuwait Investment Authority, Kuwait
5
SAMA Foreign Holdings, Saudi Arabia
6
Hong Kong Monetary Authority, Hong Kong/China
7
SAFE Investment Company, China
8
9
10
11
12
13
Investment Corporation of Dubai, UAE
Government of Singapore Investment Corp., Singapore
Temasek Holdings, Singapore
Qatar Investment Authority, Qatar
National Social Security Fund, China
Public Investment Fund, Saudi Arabia
$1035.24
$900.00 30 New Zealand Superannuation Fund, New Zealand
$828.00 31 New Mexico State Investment Council, United States
$524.00 32 State General Reserve Fund, Oman
$494.00 33 Texas Permanent University Fund, United States
$456.60 34 Leste Petroleum Fund, Timor-Leste, East Timor
$441.00 35 Social & Economic Stabilization Fund, Chile
$390.00 36 Alberta's Heritage Fund, Canada
$320.80 37 Russia Direct Investment Fund
$320.80 38 Mumtalakat Holdings Company, Bahrain
$295.00 39 Pension Reserve Fund, Chile
$250.00 40 Strategic Investment Fund, Ireland
Fiscal Stabilisation Fund, Peru
Rank
Name
29 State Oil Fund, Azerbaijan
AUM (US$bn)
$33.10
$28.50
$20.20
$18.00
$17.30
$16.60
$14.70
$13.40
$13.00
$10.60
$9.40
$8.50
$209.50 41
$7.90
14
Mubadala Investment Company
$125.00 42
Revenue Regulation Fund, Algeria
$7.60
15
Abu Dhabi Investment Council, UAE
$123.00 43 Permanent Wyoming Mineral Trust Fund, U.S Wyoming
$7.30
16
Korea Investment Corporation, South Korea
$122.00 44
Oil Revenues Stabilisation Fund, Mexico
$6.00
17
Australian Future Fund, Australia
$105.40 45
Oman Investment Fund, Oman
$6.00
18
National Development Fund of Iran, Iran
$91.00 46
Pula Fund, Botswana
$5.50
19
Russia National Wealth Fund, Russia
20
Libyan Investment Authority, Libya
$66.30 47 Heritage and Stabilisation Fund, Trinidad and Tobago
$66.00 48 China-Africa Development Fund, China
$5.50
$5.00
21
22
23
Alaska Permanent Fund, United States of America
Kazakhstan National Fund, Kazakhstan
Kazakhstan, Samruk-Kazyna JSC
$61.50 49 Fundo Soberano de Angolano, Angola
$4.60
24
Brunei Investment Agency, Brunei
$57.90 50 North Dakota Legacy Fund, United States
$60.90 51 Alabama Trust Fund, United States
$40.00 52
$4.30
$2.70
National Investment Corporation, Kazakhstan
$2.00
25
Russia Reserve Fund, Russia
Merged with RNWF
26
Texas Permanent School Fund, United States of America
27
Khazanah Nasional, Malaysia
28
Emirates Investment Authority, UAE
$37.70
$37.70
$34.00
56 Nigeria Sovereign Investment Authority, Nigeria
*$1.50
61 SONSIS (Senegal Sovereign Wealth Fund)
$1.00
C
Sovereign Wealth Funds of African Origins
Source: Sovereign Wealth Fund Institute, Dec 2017 and NSIA Research
*Total Capital Contribution of US$1.5bn; US$450mn in third party managed accounts for Debt Management Office and National Bulk Electricity Trader; N14.71bn in FGN Stabilisation Fund 15View entire presentation