Latest news with #SovereignWealthFundInstitute
South China Morning Post
02-04-2025
- Business
- South China Morning Post
Temasek, Asian state funds to grow their assets by 34% to US$25 trillion by 2030
Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent's relatively young population, according to Sovereign Wealth Fund Institute. Advertisement These sovereign investors, which include 146 central banks, sovereign wealth funds and public pension funds, could grow their assets to US$25 trillion by 2030 from an estimated US$18.7 trillion currently, the US-based organisation said in a report on Tuesday. The sum would collectively represent one-third of the global total, it added. 'As countries and their citizens reap the rewards of the integration with the global economy, policymakers hope to capitalise on their position to continue their growth stories, buoyed by favourable demographics and geographic position,' the report said. To meet ambitious development goals, policymakers must raise additional revenue while reining in public spending, it added. Asia contributed roughly US$35 trillion to global gross domestic product and represented 60 per cent of economic growth last year, it said. It is also home to 46 sovereign wealth funds with US$4.8 trillion of assets as of April 2025. Ma Xingrui, party secretary for the Xinjiang Uygur autonomous region, meets with top Temasek executives in Urumqi in August 2024. Photo: Handout The report highlighted the prolific deal-making of Singapore's Government Investment Corp or GIC and Temasek, among the world's top spenders. Between January 2020 and April 2025, the Singaporean duo accounted for almost three-quarters of all capital deployed by Asian sovereign investors to top destinations like the US, India, UK and China.
Zawya
05-02-2025
- Business
- Zawya
Kuwait's sovereign wealth fund surpasses $1trln for the first time
KUWAIT CITY - The assets of the Kuwait's sovereign wealth fund, managed by the Kuwait Investment Authority, have surpassed the $1 trillion mark for the first time in its history. According to the latest data from the Sovereign Wealth Fund Institute, the Kuwait sovereign wealth fund is now ranked fifth globally, with assets valued at $1.029 trillion. This marks an increase from its previous level of $980 billion, as reported by the institute. The Norwegian fund remains the largest sovereign wealth fund in the world, with assets under management estimated at $1.738 trillion. Following Norway is the China Investment Corporation, with assets also amounting to $1.32 trillion. China's sovereign wealth fund holds the third position, with assets valued at $1.09 trillion, while the Abu Dhabi Investment Authority ranks fourth with $1.057 trillion in assets. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (
