A new comparison of global sovereign wealth funds shows that Norway’s Government Pension Fund Global remains the largest in the world, with assets totaling $2.04 trillion. The rankings highlight how countries with strong natural resource revenues and disciplined long-term investment strategies continue to dominate global wealth management.
The second and third positions are held by China Investment Corporation with $1.33 trillion and the Abu Dhabi Investment Authority with $1.13 trillion, reflecting the significant financial muscle of both China and the United Arab Emirates. China also appears earlier in the list with its SAFE Investment arm, which holds about $1.09 trillion in assets, demonstrating the country’s strong multi-fund presence.
In the Middle East, the Kuwait Investment Authority manages approximately $1.02 trillion, while Saudi Arabia’s Public Investment Fund (PIF) holds around $925 billion. Both nations rely heavily on oil revenues and have expanded their sovereign funds aggressively in recent years to support diversification and future growth.
Asian representation includes Singapore’s GIC Private Limited, holding $800.8 billion, and Indonesia’s Badan Pengelola Investasi, which manages about $900 billion. These funds play a crucial role in stabilizing national economies and investing globally across various sectors.
Sovereign wealth funds (SWFs) are government-owned investment portfolios designed to manage national savings, future generations’ wealth, and strategic global investments. As global markets evolve, these funds continue to influence major sectors, from technology and infrastructure to real estate and renewable energy.
The latest rankings highlight a clear trend: countries with long-term economic planning and strong revenue streams, especially from natural resources, continue to dominate the world’s sovereign wealth landscape.
