Sovereign wealth fund

sovereign wealth fundsNational Wealth FundSovereign fundSovereign investment fundSWFsfundsinvestment fundNational Pensions ReserveNational Wealth Funds (NWFs)sovereign funds
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds.wikipedia
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Permanent University Fund (Texas)

Permanent University FundPUF
The Permanent School Fund (PSF) was created in 1854 to benefit primary and secondary schools, with the Permanent University Fund (PUF) following in 1876 to benefit universities.
The Permanent University Fund (PUF) is a sovereign wealth fund created by the State of Texas to fund public higher education within the state.

Permanent School Fund

PSF
The Permanent School Fund (PSF) was created in 1854 to benefit primary and secondary schools, with the Permanent University Fund (PUF) following in 1876 to benefit universities.
The Texas Permanent School Fund is a sovereign wealth fund which serves to provide revenues for funding of public primary and secondary education in the US state of Texas.

Government Pension Fund of Norway

The Government Pension Fund of NorwayFolketrygdfondetNational Insurance Scheme Fund
One such fund is the Government Pension Fund of Norway.
The Government Pension Fund of Norway comprises two entirely separate sovereign wealth funds owned by the government of Norway.

Kuwait Investment Authority

Kuwait Investment OfficeGroup KIOKIA
The first SWF established for a sovereign state is the Kuwait Investment Authority, a commodity SWF created in 1953 from oil revenues before Kuwait gained independence from the United Kingdom.
The Kuwait Investment Authority (KIA) is Kuwait's sovereign wealth fund, managing body, specializing in local and foreign investment.

Revenue Equalization Reserve Fund

RERF
Another early registered SWFs is the Revenue Equalization Reserve Fund of Kiribati.
The Revenue Equalization Reserve Fund (RERF) is the sovereign wealth fund of the Pacific island republic of Kiribati.

Investment fund

collective investment schemeinvestment fundsinvestment vehicle
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds.

International Forum of Sovereign Wealth Funds

IFSWF
They also considered a standing committee to represent them and so a new organisation, the International Forum of Sovereign Wealth Funds (IFSWF) was then set up to maintain the new standards going forward and represent them in international policy debates.
The International Forum of Sovereign Wealth Funds (IFSWF) is a nonprofit international group of sovereign wealth funds managers which was established in 2009.

Foreign exchange reserves

foreign exchangeforeign-exchange reservesforeign reserves
Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank.
Sovereign wealth funds are examples of governments that try to save the windfall of booming exports as long-term assets to be used when the source of the windfall is extinguished.

Bond (finance)

bondsbondbond issue
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds.
Bonds are bought and traded mostly by institutions like central banks, sovereign wealth funds, pension funds, insurance companies, hedge funds, and banks.

Pension fund

pension fundsretirement fundsuperannuation fund
In January 2008, The Economist reported that Morgan Stanley estimates that pension funds worldwide hold over US$20 trillion in assets, the largest for any category of investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity.

Israeli Citizens' Fund

The Israeli Citizens' Fund should start operating in 2020 after several years of preparatory work involving veteran American as well as local asset management experts.
The Israeli Citizens' Fund (קרן לאזרחי ישראל, Keren LeEzraḥei Yisra'el) is a proposed sovereign wealth fund (SWF) in Israel.

Santiago Principles

This working group then drafted the 24 Santiago Principles, to set out a common global set of international standards regarding transparency, independence, and accountability in the way that SWFs operate.
The Santiago Principles or formally the Sovereign Wealth Funds: Generally Accepted Principles and Practices (GAPP) are designed as a common global set of 24 voluntary guidelines that assign best practices for the operations of Sovereign Wealth Funds (SWFs).

Temasek Holdings

TemasekTemasek Holdings GroupTemasek Holdings Private Limited
The Government of Singapore Investment Corporation and Temasek Holdings are partially the expression of a desire to bolster Singapore's standing as an international financial centre.
Temasek differs from many sovereign wealth funds because it invests mostly in equities, is the outright owner of many assets, and pays taxes like other commercial investment firms.

China Investment Corporation

China Investment CorpChinaChina Investment Corp.
China Investment Corporation (CIC) (Chinese: 中国投资有限责任公司; pinyin: zhōngguó tóuzī yǒuxiàn zérèn gōngsī) is a sovereign wealth fund responsible for managing part of the People's Republic of China's foreign exchange reserves.

Norway

NorwegianKingdom of NorwayNOR
It has the world's largest sovereign wealth fund, with a value of US$1 trillion.

Korea Investment Corporation

KICSouth Korea
The Korea Investment Corporation has since been similarly managed.
Its mission is to preserve and enhance the long-term purchasing power of South Korea's sovereign wealth(foreign reserves) through efficient management of public funds in the international financial markets.

Abu Dhabi Investment Authority

ADIAAbu Dhabi Investment Authority (ADIA)Infinity Investments
The Abu Dhabi Investment Authority (ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi (in the United Arab Emirates) founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi.

Subprime mortgage crisis

2007 subprime mortgage financial crisissubprime crisissub-prime mortgage crisis
These firms needed a cash infusion due to losses resulting from mismanagement and the subprime mortgage crisis.
Bear Stearns reported the first quarterly loss in its history during November 2007 and obtained additional financing from a Chinese sovereign wealth fund.

Qatar Investment Authority

Qatari DiarQatar Holding LLCQatar Holdings
The Qatar Investment Authority (QIA; جهاز قطر للإستثمار) is Qatar's state-owned holding company that can be characterised as a National Wealth Fund.

GIC Private Limited

Government of Singapore Investment CorporationGICGIC Real Estate
The Government of Singapore Investment Corporation and Temasek Holdings are partially the expression of a desire to bolster Singapore's standing as an international financial centre.
GIC Private Limited, formerly known as Government of Singapore Investment Corporation, is a sovereign wealth fund established by the Government of Singapore in 1981 to manage Singapore's foreign reserves.

Investment Corporation of Dubai

ICD
The Investment Corporation of Dubai (ICD) is a state-owned holding company that can be characterized as a sovereign wealth fund owned by the government of Dubai, United Arab Emirates.

Public Investment Fund of Saudi Arabia

Public Investment FundPublic Investment Fund (PIF)Public Investment Fund of Saudi Arabia (PIF)
The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia.

CPP Investment Board

Canada Pension Plan Investment BoardCPPIBCanadian Pension Plan Investment Board
CPPIB is one of the world's largest sovereign wealth funds and one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone.

Khazanah Nasional

Khazanah Nasional BerhadKhazanahDanaharta
Khazanah Nasional Berhad is the sovereign wealth fund of the Government of Malaysia, entrusted with growing the nation's long-term wealth via distinct commercial and strategic objectives.

Future Fund

Australian Government Future FundAFFFuture Fund Management Agency
The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long term financial position.