Table of Contents
Who owns the Government Pension Fund Global?
Government of Norway
It has over US$1.35 trillion in assets, and holds 1.4% of all of the world’s listed companies, making it the world’s largest sovereign wealth fund. In December 2021, it was worth about $250,000 per Norwegian citizen….Government Pension Fund of Norway.
| Type | Government-owned |
|---|---|
| Founded | 1967 1990 |
| Headquarters | Oslo, Norway |
| Owner | Government of Norway |
Which is the biggest sovereign wealth fund?
Norges Bank Investment Management
The world’s largest sovereign wealth fund (SWF) as of June 2022 was Norges Bank Investment Management, managing assets reaching around 1.36 trillion U.S. dollars. The fund is also known as Norway’s oil fund and was established in 1969 after Norway’s discovery of oil in the North Sea.
Which country has a top three sovereign wealth fund as measured by AUM?
List of countries by sovereign wealth funds
| Rank | Country | Assets (USD Billion) |
|---|---|---|
| 1 | China | 2,244.4 |
| 2 | Norway | 1,388.2 |
| 3 | United Arab Emirates | 1,363.0 |
| 4 | Saudi Arabia | 1,000 |
What is the largest fund in the world?
1. Government Pension Fund Global—Norway. Even though its name has the word pension fund, Norway’s sovereign wealth fund is the largest in the world and with over $1 trillion in assets it is growing fast.
What is the largest investment in the world?
1. Government Pension Fund Global – $1.3 Trillion (Norway)
| Asset Class | % of Total Assets | Number of Securities |
|---|---|---|
| Public Equities | 72.8% | 9,123 companies |
| Fixed income | 24.7% | 1,245 bonds |
| Real estate | 2.5% | 867 properties |
Does the UK have a SWF?
The National Fund, which is currently worth about £500 million, should be used to start the UK Sovereign Wealth Fund. As the Fund develops, growth-year surpluses from the Government budget could also be lent to the Fund, on condition they are repaid during the next recession.
How many sovereign wealth funds are there?
List of 143 Sovereign Wealth Fund Profiles by Region – SWFI.
Who has the most assets under management?
BlackRock
As of March 2022, BlackRock was the world’s largest mutual fund company, with around 10.01 trillion U.S. dollars of assets under management (AUM). Rounding out the top three were Vanguard with 8.1 trillion U.S. dollars of AUM, and Charles Schwab with 7.98 trillion trillion U.S. dollars of AUM.
Who has the most assets in the world?
AT
Rankings by Total Assets
| Rank | Profile | Total Assets |
|---|---|---|
| 1. | AT | $551,669,000,000 |
| 2. | SoftBank Group Corporation | $413,941,000,000 |
| 3. | Royal Dutch Shell plc | $404,336,000,000 |
| 4. | Apple Inc | $381,191,000,000 |
How big is Norway’s sovereign wealth fund?
$1.3 trillion
Why it matters: Valued at $1.3 trillion, Norway’s state-backed investment fund is the largest in the world. The fund’s Russian assets consist of shares in 47 companies, and government bonds, worth a total of some 25 billion Norwegian crowns ($2.83 billion), the government said, per Reuters.
What is the largest trust fund?
Rankings by Total Assets
| Rank | Profile | Region |
|---|---|---|
| 1. | Norway Government Pension Fund Global | Europe |
| 2. | China Investment Corporation | Asia |
| 3. | Abu Dhabi Investment Authority | Middle East |
| 4. | Kuwait Investment Authority | Middle East |
What are global assets under management?
Global assets under management consists of assets held by asset management firms, pension funds, sovereign wealth funds, hedge funds, and private equity funds . ^1 Around one third of private wealth is incorporated in conventional investment management (Pension funds, Mutual funds and Insurance assets).
What is the purpose of the government pension fund?
The Government Pension Fund. The purpose of the Government Pension Fund is to facilitate government savings to finance rising public pension expenditures, and support long-term considerations in the spending of government petroleum revenues.
How much of private wealth is in conventional Investment Management?
^1 Around one third of private wealth is incorporated in conventional investment management (Pension funds, Mutual funds and Insurance assets). ^2 Many surveys systematically overestimate the global wealth pool.
What is the government’s proposal to exclude companies from the pension fund?
The Government is proposing to exclude companies classified as exploration and production companies within the energy sector from the Government Pension Fund Global to reduce the aggregate oil price risk in the Norwegian economy.