China SWFs. Four of the top five sovereign wealth funds in Asia hail from China - the CIC (China Investment Corporation), the HKMA (Hong Kong Monetary Authority), SAFE Investment Company and the National Social Security Fund. The China Investment Corporation (CIC) is a sovereign wealth fund responsible for managing part of the People's Republic of China's foreign exchange reserves and manages close to a US$1 trillion in assets.
Singapore SWFs. Two other sovereign wealth funds rounding up the top 6 SWFs in Asia hail from Singapore - the GIC (Government Investment Corporation) Private Limited and Temasek Holdings. The GIC is a sovereign wealth fund established by the Government of Singapore in 1981 to manage Singapore's foreign reserves. With a network of 10 offices in key financial capitals around the world, GIC invests internationally in developed market equities, emerging market equities, nominal bonds and cash, inflation-linked bonds, private equity and real estate.
Check out the rest of the largest sovereign wealth funds (SWFs) by region:
The $1-trillion Government Pension Fund of Norway and other largest SWFs in the world.
The $160B Public Investment Corporation of S.A. and other largest SWFs in Africa.
The $941B China Investment Corporation and other largest SWFs in Asia.
The $254B Canada Pension Plan Investment Board and other top SWFs in North America.
The $14.7B Social and Economic Stabilization Fund of Chile and other top SWFs in South America
The $828B Abu Dhabi Investment Authority and other largest SWFs in Middle East.