News, Oil & Gas

Norwegian Oil Fund is World’s Biggest

Norwegian oil fund has passed AbuDhabi and become the worlds biggest national investment fund.

According to the report by international Sovereign Wealth Fund Institute, Norway `s oil fund tops the list of national investment funds with its 652 million USD in total.

1. Norway Government Pension Fund – $656.2 2. UAE Abu Dhabi Investment Authority – $627 3. China SAFE Investment Company – $567.9 4. Saudi Arabia SAMA Foreign Holdings – $532.8 5. China China Investment Corporation – $482 6. Kuwait Kuwait Investment Authority $296 1953 Oil 6 7. China – Hong Kong Hong Kong Monetary Authority Investment Portfolio – $293.3 8. Singapore Government of Singapore Investment Corporation – $247.5 9. Singapore Temasek Holdings –$157.5 10. Russia National Welfare Fund – $149.7