Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2025 Summits in Hong Kong & Singapore
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
2025 Top 121 Sovereign Wealth Funds
Which are the top 121 sovereign wealth funds in 2025? Caproasia Institute has released the list of top sovereign wealth funds in 2025. Which are the top sovereign wealth funds in 2025? Which are the largest sovereign wealth funds in 2025? Where are the largest sovereign wealth funds? Which country & region are they from? Caproasia Institute – See below for the latest list of top 121 sovereign wealth funds in the world in 2025. Sovereign Wealth Fund (SWF) is a country-owned investment fund.
2025 Rankings:
- 2025 List of Top Sovereign Wealth Funds
- 2025 Top 121 Sovereign Wealth Funds
- 2025 Top 37 Sovereign Wealth Funds in APAC
- Article continues below -
Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
The 2025 Family Office Summit
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
” Largest Sovereign Wealth Fund is Norway Government Pension Fund Global (Norges Bank IM), Norway – $1.78 trillion “
2025 List of Top Sovereign Wealth Funds
Top 10 Largest Sovereign Wealth Funds
- Norway Government Pension Fund Global (Norges Bank IM), Norway – $1.78 trillion
- China Investment Corporation (CIC), China – $1.3 trillion
- China State Administration of Foreign Exchange (SAFE), China – $1.23 trillion
- Abu Dhabi Investment Authority (ADIA), UAE – $1.05 trillion
- Kuwait Investment Authority (KIA), Kuwait – $1 trillion
- Public Investment Fund (PIF), Saudi Arabia – $925 billion
- GIC, Singapore – $850 billion
- Qatar Investment Authority (QIA), Qatar – $530 billion
- Hong Kong Monetary Authority Investment Portfolio, Hong Kong – $516 billion
- SAMA Foreign Holdings, Saudi Arabia – $498 billion
No. of Sovereign Wealth Funds by Region
- North America – 16
- Latin America – 10
- Europe – 19
- Middle East – 22
- Africa – 17
- Asia – 27
- Australia & Pacific – 10
- Total – 121
2025 List of Top Sovereign Wealth Funds
| Rank | Sovereign Wealth Fund | AUM 2025 | Country | Region |
| 1 | Norway Government Pension Fund Global (Norges Bank) | $1.78 trillion | Norway | Europe |
| 2 | China Investment Corporation (CIC) | $1.3 trillion | China | Asia |
| 3 | China State Administration of Foreign Exchange (SAFE) | $1.23 trillion | China | Asia |
| 4 | Abu Dhabi Investment Authority (ADIA) | $1.05 trillion | UAE | Middle East |
| 5 | Kuwait Investment Authority (KIA) | $1 trillion | Kuwait | Middle East |
| 6 | Public Investment Fund (PIF) | $925 billion | Saudi Arabia | Middle East |
| 7 | GIC | $850 billion | Singapore | Asia |
| 8 | Qatar Investment Authority (QIA) | $530 billion | Qatar | Middle East |
| 9 | Hong Kong Monetary Authority Investment Portfolio | $516 billion | Hong Kong | Asia |
| 10 | SAMA Foreign Holdings | $498 billion | Saudi Arabia | Middle East |
| 11 | National Council for Social Security Fund | $424 billion | China | Asia |
| 12 | Investment Corporation of Dubai | $353 billion | UAE | Middle East |
| 13 | Mubadala Investment Company | $330 billion | UAE | Middle East |
| 14 | Temasek Holdings | $288 billion | Singapore | Asia |
| 15 | Abu Dhabi Developmental Holding Company (ADQ) | $225 billion | UAE | Middle East |
| 16 | Korea Investment Corporation (KIC) | $200 billion | South Korea | Asia |
| 17 | Turkey Wealth Fund (TWF) | $200 billion | Turkey | Middle East |
| 18 | National Welfare Fund | $155 billion | Russia | Europe |
| 19 | Ethiopian Investment Holdings | $150 billion | Ethiopia | Africa |
| 20 | National Development Fund of Iran | $150 billion | Iran | Middle East |
| 21 | Future Fund | $144 billion | Australia | Australia & Pacific |
| 22 | National Development Fund (NDF) | $132 billion | Saudi Arabia | Middle East |
| 23 | Alberta Investment Management Corporation (AIMCo) | $118 billion | Canada | North America |
| 24 | Emirates Investment Authority (EIA) | $90 billion | UAE | Middle East |
| 25 | Alaska Permanent Fund Corporation (APFC) | $80 billion | United States | North America |
| 26 | Dubai World | $80 billion | UAE | Middle East |
| 27 | Brunei Investment Agency (BIA) | $78 billion | Brunei | Asia |
| 28 | University of Texas Investment Mgmt Company (UTIMCO) | $78 billion | United States | North America |
| 29 | Permodalan Nasional Berhad (PNB) | $78 billion | Malaysia | Asia |
| 30 | Samruk-Kazyna | $73 billion | Kazakhstan | Asia |
| 31 | Queensland Investment Corporation (QIC) | $70 billion | Australia | Australia & Pacific |
| 32 | Libyan Investment Authority | $70 billion | Libya | Africa |
| 33 | NSW Treasury Corporation (T-Corp) | $68 billion | Australia | Australia & Pacific |
| 34 | National Fund of Kazakhstan (NFRK) | $62 billion | Kazakhstan | Asia |
| 35 | Texas Permanent School Fund (TPSF) | $62 billion | United States | North America |
| 36 | State Oil Fund of Azerbaijan (SOFAZ) | $61 billion | Azerbaijan | Europe |
| 37 | Victorian Funds Management Corporation | $58 billion | Australia | Australia & Pacific |
| 38 | New Mexico State Investment Council (NMSIC) | $54 billion | United States | North America |
| 39 | Oman Investment Authority | $50 billion | Oman | Middle East |
| 40 | NZ Super Fund | $43 billion | New Zealand | Australia & Pacific |
| 41 | CNIC Corporation (Guoxin International Investment) | $33 billion | Hong Kong | Asia |
| 42 | Hong Kong Future Fund | $33 billion | Hong Kong | Asia |
| 43 | Wyoming State Loan & Investment Board | $30 billion | United States | North America |
| 44 | Österreichische Beteiligungs | $30 billion | Norway | Europe |
| 45 | Azerbaijan Investment Holding | $29 billion | Azerbaijan | Asia |
| 46 | Russian Direct Investment Fund | $28 billion | Russia | Europe |
| 47 | Nuclear Waste Disposal Fund (KENFO) | $27 billion | Germany | Europe |
| 48 | Fund for Reconstruction & Development of Uzbekistan | $23 billion | Uzbekistan | Asia |
| 49 | Khazanah Nasional | $19 billion | Malaysia | Asia |
| 50 | Timor-Leste Petroleum Fund | $18 billion | Timor-Leste | Australia & Pacific |
| 51 | Mumtalakat Holding | $18 billion | Bahrain | Middle East |
| 52 | NSW Generations Fund (NGF) | $17 billion | Australia | Australia & Pacific |
| 53 | Revenue Regulation Fund (Fond de Regulation des Recettes) | $16 billion | Algeria | Africa |
| 54 | Ireland Strategic Investment Fund (ISIF) | $16 billion | Ireland | Europe |
| 55 | Federal Holding & Investment Company (SFPIM) | $16 billion | Belgium | Europe |
| 56 | Sociedad Estatal de Participaciones Industriales (SEPI) | $14 billion | Spain | Europe |
| 57 | Crown Investments Corporation of Saskatchewan | $13 billion | Canada | North America |
| 58 | Malta Government Investments | $12 billion | Malta | Europe |
| 59 | Sovereign Fund of Egypt (TSFE) | $12 billion | Egypt | Middle East |
| 60 | North Dakota Legacy Fund | $11 billion | United States | North America |
| 61 | Slovenian Sovereign Holding (SSH) | $11 billion | Slovenia | Europe |
| 62 | Indonesia Investment Authority | $10.5 billion | Indonesia | Asia |
| 63 | Chile Pension Reserve Fund | $9.4 billion | Chile | Latin America |
| 64 | Maharlika Investment Fund (MIF) | $9 billion | Philippines | Asia |
| 65 | Hong Kong Investment Corporation | $8 billion | Hong Kong | Asia |
| 66 | Pakistan Sovereign Wealth Fund | $8 billion | Pakistan | Middle East |
| 67 | Solidium | $8 billion | Finland | Europe |
| 68 | Monaco Constitutional Reserve Fund | $8 billion | Monaco | Europe |
| 69 | Hellenic Corporation of Assets and Participations (HCAP) | $7 billion | Greece | Europe |
| 70 | Heritage & Stabilization Fund | $5.7 billion | Trinidad & Tobago | Latin America |
| 71 | Social & Economic Stabilization Fund | $5.1 billion | Chile | Latin America |
| 72 | Kumpulan Wang Amanah Negara (KWAN) | $4.5 billion | Malaysia | Asia |
| 73 | Colombia Savings & Stabilization Fund | $4.3 billion | Columbia | Latin America |
| 74 | Pula Fund | $4 billion | Botswana | Africa |
| 75 | Oesterreichische Beteiligungs AG | $4 billion | Austria | Europe |
| 76 | Japan Investment Corporation | $3.6 billion | Japan | Asia |
| 77 | Alabama Trust Fund | $3.5 billion | United States | North America |
| 78 | Regional Investment Company of Wallonia (SRIW) | $3.4 billion | Belgium | Europe |
| 79 | Druk Holding & Investment (DHI) | $3.4 billion | Bhutan | Asia |
| 80 | Idaho Endowment Fund Investment Board | $3.2 billion | United States | North America |
| 81 | Utah SITFO | $3 billion | United States | North America |
| 82 | Royal Bafokeng Holdings | $2.7 billion | Royal Bafokeng Nation | Africa |
| 83 | Fundo Soberano de Angola (FSDEA) | $2.2 billion | Angola | Africa |
| 84 | Fondo de Ahorro de Panama | $2.6 billion | Panama | Latin America |
| 85 | Nigeria Sovereign Investment Authority | $2.6 billion | Nigeria | Africa |
| 86 | Fondo Mexicano del Petroleo | $2.2 billion | Mexico | Latin America |
| 87 | Mauritius Investment Corporation | $2 billion | Mauritius | Africa |
| 88 | Sharjah Asset Management | $2 billion | UAE | Middle East |
| 89 | Vietnam State Capital Investment Corporation | $2 billion | Vietnam | Asia |
| 90 | Fórum de Fundos Soberanos Brasileiros | $2 billion | Brazil | Latin America |
| 91 | Fonds Gabonais d’Investissements Stratégiques (FGIS) | $1.8 billion | Gabon | Africa |
| 92 | Sarawak Sovereign Wealth Future Fund | $1.8 billion | Malaysia | Asia |
| 93 | Oklahoma Tobacco Settlement Endowment Trust | $1.7 billion | United States | North America |
| 94 | Sentosa Development Corporation | $1.5 billion | Singapore | Asia |
| 95 | Louisiana Education Quality Trust Fund (LEQTF) | $1.4 billion | United States | North America |
| 96 | Colorado Public School Fund Investment Board | $1.3 billion | United States | North America |
| 97 | Mexico Budgetary Income Stabilization Fund | $1.3 billion | Mexico | Latin America |
| 98 | Israeli Citizens Fund (ICF) | $1.4 billion | Israel | Middle East |
| 99 | Senegal FONSIS | $1.2 billion | Senegal | Africa |
| 100 | Chinggis Fund (Mongolia Future Heritage Fund) | $1.1 billion | Mongolia | Asia |
| 101 | Armenian National Interests Fund | $1 billion | Armenia | Asia |
| 102 | Palestine Investment Fund | $1 billion | Palestine | Middle East |
| 103 | National Development & Social Fund (Malta) | $730 million | Malta | Europe |
| 104 | Kiribati Revenue Equalization Reserve Fund | $730 million | Kiribati | Australia & Pacific |
| 105 | Bahrain Future Generations Reserve Fund | $680 million | Bahrain | Middle East |
| 106 | Ghana Heritage Fund | $650 million | Ghana | Africa |
| 107 | Guyana Natural Resource Fund | $650 million | Guyana | Latin America |
| 108 | Ghana Stabilisation Fund | $640 million | Ghana | Africa |
| 109 | Fujairah Holding | $500 million | UAE | Middle East |
| 110 | Luxembourg Intergenerational Sovereign Fund | $490 million | Luxembourg | Europe |
| 111 | Native Hawaiian Trust Fund | $440 million | United States | North America |
| 112 | Fund for Productive Industrial Revolution (FINPRO) | $420 million | Bolivia | Latin America |
| 113 | Ghana Infrastructure Investment Fund | $345 million | Ghana | Africa |
| 114 | Sovereign Fund of the Republic of Kosovo | $330 million | Kosovo | Europe |
| 115 | Agaciro Development Fund | $240 million | Rwanda | Africa |
| 116 | Little Red River Cree Nation Sovereign Wealth Fund | $190 million | Canada | North America |
| 117 | Fonds Souverain de Djibouti (FSD) | $170 million | Djibouti | Africa |
| 118 | Nauru Intergenerational Trust Fund | $160 million | Nauru | Australia & Pacific |
| 119 | Sovereign Fund of Mozambique | $114 million | Mozambique | Africa |
| 120 | Sovereign Wealth Fund of Papua New Guinea (SWF) | $60 million | Papua New Guinea | Australia & Pacific |
| 121 | Welwitschia Fund | $23 million | Namibia | Africa |
Source: Caproasia Institute
2025 Rankings:
- 2025 List of Top Sovereign Wealth Funds
- 2025 Top 121 Sovereign Wealth Funds
- 2025 Top 37 Sovereign Wealth Funds in APAC
2024 Rankings:
- 2024 List of Top Sovereign Wealth Funds
- 2024 Top 105 Sovereign Wealth Funds
- 2024 Top 31 Sovereign Wealth Funds in APAC
Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
Quick Links
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Web links may be disabled on mobile for security.
Please click on desktop.
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
Caproasia | Driving the future of Asia
a financial information technology co.
since 2014
a financial information technology co.
since 2014
