Friday, November 22, 2024

Norway has a Pension Fund of $1 Trillion for its 5 Million Citizens

The Norwegian Government Pension Fund is the largest of any sovereign wealth fund in the world. According to data from the SWF Institute, the fund contained more than $1.1 trillion. Most of the assets are tied up in stocks, bonds and real estate.

Not far from the proportions of the Government Pension Fund is the China Investment Cooperation fund. It manages a similarly large amount of assets of just above $1 trillion. The other sovereign wealth funds in the top eight are not nearly as big. Assets range between $370 and $580 billion.

Most of the funds are located in Asia and the Arab world – in Hong Kong, China, Singapore as well as Kuwait and the United Arab Emirates.

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