Table I List of SWFs from non-Muslim...

Table I

List of SWFs from non-Muslim countries

S. No.	Name of fund	Country	Incorporation	Source of fund	AUM ($ billion)	L-MTI, 2018
1	Government Pension Fund-Global	Norway	1990	Oil/commodity	1,035.24	10
2	China Investment Corporation	China	2007	Non-commodity	941.4	8
3	Hong Kong Monetary Authority Investment Portfolio	China–Hong Kong	1993	Non-commodity	522.6	8
4	SAFE Investment Company	China	1997	Non-commodity	441	4
5	Government of Singapore Investment Corporation	Singapore	1981	Non-commodity	441	4
6	Temasek Holdings	Singapore	1974	Non-commodity	375	10
7	National Social Security Fund	China	2000	Non-commodity	295	5
8	Korea Investment corporation	South Korea	2005	Non-commodity	134.1	9
9	Australian future Fund	Australia	2006	Non-commodity	105.4	10
10	National Welfare Fund	Russia	2008	Oil/commodity	66.3	5
11	Alaska Permanent fund	USA–Alaska	1976	Oil/commodity	61.5	10
12	Taxes Permanent School Fund	USA–Texas	1854	Oil/commodity	37.7	9
13	New Zealand Superannuation Fund	New Zealand	2003	Non-commodity	28.5	10
14	New Mexico State Investment Council	USA–New Mexico	1958	Oil/commodity	20.2	9
15	Permanent University Fund	USA–Texas	1876	Oil and gas/commodity	17.3	9
16	Timor-Leste Petroleum Fund	East Timor	2005	Oil and gas/commodity	16.6	8
17	Social and Economic Stabilization Fund	Chile	2007	Cooper/commodity	14.7	10
18	Alberta Heritage Fund	Canada	1976	Oil/commodity	13.4	9
19	Russian Direct Investment Fund	Russia	2011	Non-commodity	13	7
20	Pension Reserve Fund	Chile	2006	Cooper/commodity	9.4	10
21	Ireland Strategic Investment Fund	Ireland	2001	Non-commodity	8.5	10
22	Fiscal Stabilization Fund	Peru	1999	Non-commodity	7.9	n/a
23	Permeant Wyoming Mineral Trust Fund	USA	1974	Minerals/commodity	7.3	9
24	Sovereign Fund of Brazil	Brazil	2008	Non-commodity	7.3	Removed
25	Oil Revenues Stabilization Fund of Maxico	Mexico	2000	Oil/commodity	6	4
26	Paula Fun	Botswana	1994	Diamonds and millers	5.5	6
27	Heritage and Stabilization Fund	Trinidad and Tobago	2000	Non-commodity	5.5	8
28	China-Africa Development Fund	China	2007	Non-commodity	5	5
29	Fundo Soberano de Angola	Angloa	2012	Oil/commodity	4.6	8
30	North DoKota Legacy Fund	USA	2011	Oil and gas/commodity	4.3	10
31	Colombia Saving and Stabilization Fund	Colombia	2011	Oil and mining	3.5	n/a
32	Alabama Trust Fund	USA	1985	Oil and gas/commodity	2.7	9
33	Utah-SITFO	USA	1896	Land and mineral	2	n/a
34	Idaho Endowment Fund Investment Board	USA	1969	Land and mineral	2	n/a
35	Louisiana Education Quality Trust	USA	1986	Oil and gas/commodity	1.3	n/a
36	Fondo De Ahorro de Panama	Panama	2012	Non-commodity	1.2	10
37	FINPRO	Bolivia	2012	Non-commodity	1.2	n/a
38	FEM	Venezuela	1998	Oil/commodity	0.8	1
39	Revenue Equalization Reserve Fund	Kiribati	1956	Oil/commodity	0.6	1
40	State Capital Investment Corporation	Vietnam	2006	Non-commodity	0.5	4
41	Gabon Sovereign Wealth fund	Gabon	1998	Oil/commodity	0.4	n/a
42	Ghana Petroleum fund	Ghana	2011	Oil/commodity	0.45	n/a
43	Western Australia Future Fund	Australia	2012	Minerals/commodity fund	0.3	n/a
44	Fiscal Stability Fund	Mongolia	2011	Minerals/commodity fund	0.3	n/a
45	Funds for future Generations	Equatorial Guinea	2002	Gas/commodity	0.08	n/a
46	Papua New Guinea Sovereign Wealth Fund	Papua New Guinea	2011	Gas/commodity	n/a	n/a
47	West Virginia Future Fund	USA	2014	Oil and gas/commodity	n/a	n/a
48	Fondo Mexico del Petroleo	Mexico	2014	Oil and gas/commodity	n/a	n/a
49	Luxembourg Intergenerational Sovereign Fund	Luxembourg	2015	Non-commodity	0	n/a
50	Reserve Fund	Russia	2008	Oil/commodity	0	5

S. No.	Name of fund	Country	Incorporation	Source of fund	AUM ($ billion)	L-MTI, 2018
1	Government Pension Fund-Global	Norway	1990	Oil/commodity	1,035.24	10
2	China Investment Corporation	China	2007	Non-commodity	941.4	8
3	Hong Kong Monetary Authority Investment Portfolio	China–Hong Kong	1993	Non-commodity	522.6	8
4	SAFE Investment Company	China	1997	Non-commodity	441	4
5	Government of Singapore Investment Corporation	Singapore	1981	Non-commodity	441	4
6	Temasek Holdings	Singapore	1974	Non-commodity	375	10
7	National Social Security Fund	China	2000	Non-commodity	295	5
8	Korea Investment corporation	South Korea	2005	Non-commodity	134.1	9
9	Australian future Fund	Australia	2006	Non-commodity	105.4	10
10	National Welfare Fund	Russia	2008	Oil/commodity	66.3	5
11	Alaska Permanent fund	USA–Alaska	1976	Oil/commodity	61.5	10
12	Taxes Permanent School Fund	USA–Texas	1854	Oil/commodity	37.7	9
13	New Zealand Superannuation Fund	New Zealand	2003	Non-commodity	28.5	10
14	New Mexico State Investment Council	USA–New Mexico	1958	Oil/commodity	20.2	9
15	Permanent University Fund	USA–Texas	1876	Oil and gas/commodity	17.3	9
16	Timor-Leste Petroleum Fund	East Timor	2005	Oil and gas/commodity	16.6	8
17	Social and Economic Stabilization Fund	Chile	2007	Cooper/commodity	14.7	10
18	Alberta Heritage Fund	Canada	1976	Oil/commodity	13.4	9
19	Russian Direct Investment Fund	Russia	2011	Non-commodity	13	7
20	Pension Reserve Fund	Chile	2006	Cooper/commodity	9.4	10
21	Ireland Strategic Investment Fund	Ireland	2001	Non-commodity	8.5	10
22	Fiscal Stabilization Fund	Peru	1999	Non-commodity	7.9	n/a
23	Permeant Wyoming Mineral Trust Fund	USA	1974	Minerals/commodity	7.3	9
24	Sovereign Fund of Brazil	Brazil	2008	Non-commodity	7.3	Removed
25	Oil Revenues Stabilization Fund of Maxico	Mexico	2000	Oil/commodity	6	4
26	Paula Fun	Botswana	1994	Diamonds and millers	5.5	6
27	Heritage and Stabilization Fund	Trinidad and Tobago	2000	Non-commodity	5.5	8
28	China-Africa Development Fund	China	2007	Non-commodity	5	5
29	Fundo Soberano de Angola	Angloa	2012	Oil/commodity	4.6	8
30	North DoKota Legacy Fund	USA	2011	Oil and gas/commodity	4.3	10
31	Colombia Saving and Stabilization Fund	Colombia	2011	Oil and mining	3.5	n/a
32	Alabama Trust Fund	USA	1985	Oil and gas/commodity	2.7	9
33	Utah-SITFO	USA	1896	Land and mineral	2	n/a
34	Idaho Endowment Fund Investment Board	USA	1969	Land and mineral	2	n/a
35	Louisiana Education Quality Trust	USA	1986	Oil and gas/commodity	1.3	n/a
36	Fondo De Ahorro de Panama	Panama	2012	Non-commodity	1.2	10
37	FINPRO	Bolivia	2012	Non-commodity	1.2	n/a
38	FEM	Venezuela	1998	Oil/commodity	0.8	1
39	Revenue Equalization Reserve Fund	Kiribati	1956	Oil/commodity	0.6	1
40	State Capital Investment Corporation	Vietnam	2006	Non-commodity	0.5	4
41	Gabon Sovereign Wealth fund	Gabon	1998	Oil/commodity	0.4	n/a
42	Ghana Petroleum fund	Ghana	2011	Oil/commodity	0.45	n/a
43	Western Australia Future Fund	Australia	2012	Minerals/commodity fund	0.3	n/a
44	Fiscal Stability Fund	Mongolia	2011	Minerals/commodity fund	0.3	n/a
45	Funds for future Generations	Equatorial Guinea	2002	Gas/commodity	0.08	n/a
46	Papua New Guinea Sovereign Wealth Fund	Papua New Guinea	2011	Gas/commodity	n/a	n/a
47	West Virginia Future Fund	USA	2014	Oil and gas/commodity	n/a	n/a
48	Fondo Mexico del Petroleo	Mexico	2014	Oil and gas/commodity	n/a	n/a
49	Luxembourg Intergenerational Sovereign Fund	Luxembourg	2015	Non-commodity	0	n/a
50	Reserve Fund	Russia	2008	Oil/commodity	0	5

Notes: AUM, total asset under management (USD billion), L-MTI, Linaburg-Maduell Transparency Index (2018). The table presents the details about SWFs that belong to non-muslim countries

Source: Sovereign Wealth Funds Institute (2018) and compiled by authors

[ViewLarge]

Sharing Unavailable