The world’s largest sovereign wealth funds

Sovereign wealth funds have a crucial role in helping countries manage and grow their national wealth. They use surplus revenues from oil, gas, or trade profits to invest in domestic and international sectors. The funds are a great way for nations to reduce financial risks, stabilize their economies, and diversify their investments.

Beyond financial returns, many sovereign wealth funds support long-term development. They do this by funding infrastructure, technology, and clean energy projects both at home and abroad. Some also directly benefit citizens through public services, pension support, or future generations' funds.

In this gallery, we take a look at some of the world’s largest and most influential sovereign wealth funds. Curious? Click on to know more.

All figures in USD.

10. Hong Kong Monetary Authority Investment Portfolio - Hong Kong, China SAR

Hong Kong Monetary Authority Investment Portfolio (HKMAIP) is managed by the Hong Kong Monetary Authority (HKMA) on behalf of the Hong Kong special administrative region. It is currently valued at around $514 billion.

9. Qatar Investment Authority - Qatar

QIA was founded in 2005 to diversify Qatar’s economy and reduce its reliance on hydrocarbons. It is fully state-owned and reports to the country’s leadership, with oversight by the Emir and the Supreme Council for Economic Affairs and Investment.

8. Indonesia Investment Authority - Indonesia

The Indonesia Investment Authority is the sovereign wealth fund of the Republic of Indonesia. It is currently valued at $600 billion.

Since its launch, the fund has focused on co-investing with international partners in sectors like infrastructure, health care, logistics, and the digital economy. It has taken part in major investments such as toll road networks, port assets, and renewable energy projects across the country.

7. GIC Private Limited - Singapore

GIC was established in 1981 to diversify the country’s reserves away from traditional assets like government bonds and into a wider range of global investments. It operates independently and reports to the President of Singapore, who chairs the board.

6. Public Investment Fund - Saudi Arabia

The Public Investment Fund (PIF) is owned by the Kingdom of Saudi Arabia. It manages a large share of the country’s surplus wealth and is currently valued at around $925 billion.

PIF has invested in major global companies and sectors, including technology, entertainment, infrastructure, and clean energy. It has stakes in Uber, Lucid Motors, and SoftBank, and in real estate projects such as Neom and Red Sea Global.

5. Kuwait Investment Authority - Kuwait

KIA was established in 1953, making it the world’s oldest sovereign wealth fund. Its mission is to secure Kuwait’s long-term financial stability through a diversified global investment strategy.

4. Abu Dhabi Investment Authority - Abu Dhabi

The Abu Dhabi Investment Authority (ADIA) is owned by the Emirate of Abu Dhabi in the UAE. It manages the UAE’s surplus oil revenues, and is worth $1.05 trillion.

Over the years, it has invested in several government bonds in different developed countries. It has also purchased some notable properties such as buildings, shopping malls, and hotels in New York, London, Paris, and Hong Kong.

3. SAFE Investment Company - China

The idea behind the SAFE Investment Company was to develop the financial markets of Hong Kong. It was established in 1997, just before Hong Kong became a part of China.

2. China Investment Corporation - China

The CIC has invested in global stock markets across Europe, North America, and several emerging markets. It also owns numerous high-value properties and buildings in Sydney, New York, and London.

1. Norway Government Pension Fund Global - Norway

Also known as the Oil Fund, it was created by the government of Norway in 1990. It was established to manage the surplus wealth generated from Norway’s oil and gas revenues.