Foreign media: Global sovereign wealth funds (SWFs) currently manage assets exceeding $13 trillion, with Asia and the Middle East controlling the majority of these funds. Norway's sovereign wealth fund stands out as the largest in the world, managing over $2.1 trillion in assets. The Middle East’s collective funds exceed $5 trillion, primarily relying on oil revenues.
Norway’s fund was established in 1990 by Norges Bank Investment Management (NBIM), aimed at investing surplus oil revenues for long-term growth. By 2026, the fund’s assets will surpass $2.1 trillion—equivalent to over $350,000 per Norwegian citizen when calculated per capita.
China’s sovereign wealth funds also hold a significant position in the global financial landscape. China’s State Administration of Foreign Exchange Investment Company (SAFE IC) and China Investment Corporation (CIC) manage $1.99 trillion and $1.57 trillion in assets respectively, ranking second and third globally.
In addition, Middle Eastern countries such as Saudi Arabia, Kuwait, and Qatar have successively established sovereign wealth funds with assets amounting to $1.3 trillion, $1 trillion, and $580 billion respectively. Meanwhile, the United Arab Emirates manages over $2.6 trillion in assets through collaboration between the federal government and individual emirate governments.
Canada joined this group in 2026 by launching the “Canada Strong Fund,” initially funded with $1.8 billion, aimed at promoting domestic strategic investments and reducing reliance on the United States.
These sovereign wealth funds achieve long-term wealth accumulation through diversified investments, particularly in resource sectors such as oil, minerals, and natural gas.
Original article: toutiao.com/article/1864275802146823/
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