{"id":96638,"date":"2020-09-03T08:09:58","date_gmt":"2020-09-03T06:09:58","guid":{"rendered":"http:\/\/beta.next-finance.net\/?p=96638"},"modified":"2020-09-03T08:09:58","modified_gmt":"2020-09-03T06:09:58","slug":"10-largest-sovereign-wealth-funds-control-5-7-trillion-with-21-majority-based-in-asia","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/10-largest-sovereign-wealth-funds-control-5-7-trillion-with-21-majority-based-in-asia\/","title":{"rendered":"10 largest sovereign wealth funds control $5.7 trillion with 21% majority based in Asia"},"content":{"rendered":"<p><strong>Asia dominates the global SWF scene<\/strong><\/p>\n<p>The Norway Government Pension Fund Global accounts for the largest share at $1.18 trillion or 20.81%. China\u2019s National Council for Social Security Fund has the least assets worth $325 billion.<\/p>\n<p>Furthermore, China dominates the list with three SWFs totaling to approximately $1.68 trillion or 28.07% of the top ten SWFs globally. The Buy Shares research also overviewed the distribution of the largest SWFs globally. In total there are 89 notable SWFs.<\/p>\n<p>Asia accounts for the largest share with 19 funds representing 21.34% of the global tally while the Latin America region accounts for the least share of SWF at 9.<\/p>\n<p>With most economies plunging due to the coronavirus pandemic, SWFs will have a key role to play in the recovery journey. The research report notes that:<br \/>\n<em>&#8220;After the pandemic has been fully been contained and all lockdowns are lifted, most governments are banking on SWFs to balance public responsibility with private sector interest. The post-pandemic economy will see intensified public spending. Increased spending will definitely call for scrutiny and demand for fiscal discipline.&#8221;<\/em><\/p>\n<p>Most SWF are now diversifying their portfolios to focus on digital and biotech companies. Such sectors have remained resilient during the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data presented by <a href=\"https:\/\/buyshares.co.uk\/10-largest-sovereign-wealth-funds-control-5-7-trillion-with-21-majority-based-in-asia\/\">Buy Shares indicates<\/a> the ten largest Sovereign Wealth Funds control assets worth  $5.7 trillion. The assets value was recorded as of July 2020. <\/p>\n","protected":false},"author":20,"featured_media":96636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1651,1437,2094,2007],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/96638"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=96638"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/96638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/96636"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=96638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=96638"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=96638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}