Glossary
Definition
Sovereign Wealth Fund
A state-owned investment fund investing national savings or revenue.
A sovereign wealth fund (SWF) is an investment fund owned by a national government, typically funded by commodity revenues, foreign exchange reserves, or budget surpluses. Norway's Government Pension Fund Global (the world's largest SWF at $1.7T+), Saudi Arabia's PIF, and Abu Dhabi's ADIA are major investors across global markets.
Frequently Asked Questions
How large are the world's biggest sovereign wealth funds?
Norway's fund leads at over $1.7 trillion. Saudi Arabia's PIF and China Investment Corporation each manage over $1 trillion. Combined, sovereign wealth funds globally manage approximately $12 trillion in assets.