Sovereign wealth funds (SWFs) are state-owned investment funds that manage a country's surplus reserves for long-term benefits like economic stabilization or citizen welfare. From available data:
- Norway Government Pension Fund Global: World's largest (~$1.6T assets), funded by oil revenues; invests globally in stocks, bonds, real estate.
- China Investment Corporation: ~$1.2T; manages forex reserves, focuses on diversification abroad.
- Abu Dhabi Investment Authority: ~$993B; oil-based, invests in equities, alternatives for UAE.
- Kuwait Investment Authority: ~$800B; oldest SWF (1953), balances long-term growth and stability.
- Saudi Public Investment Fund: ~$925B; drives Vision 2030 diversification from oil.
These examples highlight varied strategies, per Investopedia.