SovereignWealthFunds.comCentral bank reserve arms
Tiers are how we sort the 231 entities on our list by what they are, not by size.
- Core national funds (78): national government funds investing for the long term.
- Sub-national funds (56): funds owned by states, provinces, regions and cities, 29 of them in the United States.
- Holding and development funds (67): state holding companies, strategic funds and development investors.
- Central bank reserve arms (5): long-term portfolios run inside a central bank or monetary authority.
- Pipeline (25): funds that are proposed, passed into law but not yet capitalised, or in set-up.
Tiers answer a common question: "how many sovereign wealth funds are there?" The honest answer is 78, 134, 206 or 231, depending on how many of these layers you count. Each tier page lists its funds with sources, and each profile explains why the fund sits in its tier.
Central bank reserve arms (5)
| Fund | Country | Type | Size, as published | Transparency | Founded |
|---|---|---|---|---|---|
| SAFE Investment Company | China Asia | Reserve investment corporation | About USD 1T Estimate Published estimate, | 1.5 | 1997 |
| Hong Kong Monetary Authority Exchange Fund | Hong Kong SAR, China Asia | Reserve investment corporation | HKD 4,463.6B Total assets (balance sheet), | 8.0 | 1935 |
| SAMA Foreign Holdings | Saudi Arabia Middle East | Reserve investment corporation | SAR 1,827B Total assets (balance sheet) | 5.5 | 1952 |
| National Investment Corporation of the National Bank of Kazakhstan | Kazakhstan Asia | Reserve investment corporation | USD 3.4B Assets under management, | 4.0 | 2012 |
| Pula Fund (Botswana, Bank of Botswana) | Botswana Africa | Savings and future generations fund | BWP 27.87B Fund market value, | 7.5 | 1994 |
Disclaimer
Informational only. SovereignWealthFunds.com is an independent public-source reference. It is not affiliated with or endorsed by any fund named on it, and it is not investment, legal or tax advice. Figures are as of the dates shown next to them and may have changed; please read each fund's official pages, linked on its profile. To report an error, use the contact page. Copyright SovereignWealthFunds.com. All rights reserved.
