Sovereign Wealth Fund Institute - SWFI (2024)

FAQs

How much does Sovereign Wealth Fund Institute pay? ›

The estimate average salary for Sovereign Wealth Fund Institute employees is around $94,605 per year, or the hourly rate of Sovereign Wealth Fund Institute rate is $45. The highest earners in the top 75th percentile are paid over $107,245.

A sovereign wealth fund is a state-owned investment fund comprised of money generated by the government, often derived from a country's surplus reserves. SWFs provide a benefit for a country's economy and its citizens.

A sovereign wealth fund is owned by the general government, which includes both central government and sub-national governments. Includes investments in foreign financial assets. They invest for financial objectives.

Norway is home to the biggest sovereign wealth fund globally, valued at nearly $1.4 trillion. In 2023, the fund posted record profits, bolstered by tech holdings that include Microsoft, Apple, and Nvidia.

Some countries may have more than one SWF. Also, while the United States does not have a federal sovereign wealth fund, several of its states have their own SWFs. The list does not include pension funds that do not meet the SWF criteria.

SWFs generally enjoy favorable tax treatment in the U.S., but this treatment is subject to specific limitations; SWFs typically require separate LPA provisions or side-letter protection to ensure that their favorable tax treatment is not thwarted by the activities of the funds in which they invest. US Tax Exemption.

A sovereign wealth fund (SWF), or sovereign investment 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.

Source: Global SWF, Bloomberg, as of 31 December 2023. The average 10-year return (2012–2022) for SWFs was 6.1% versus 6.7% for the classic 60/40 portfolio.

Who owns the most assets in the world? ›

The Government Pension Investment Fund of Japan remains the largest asset owner in the world, with an AUM of US$1.4 trillion alone.

SWFs are keen to get people who attain what they deem the highest international standards. This means bulge bracket investment banking experience and a degree in finance or economics from either an Ivy League or Oxbridge university, says the head of recruitment.

SWF money can come from a few different places, including government payments; trade surpluses; exports of natural resources; foreign currency operations; or privatizations funds. SWFs tend to have a higher risk tolerance because they prefer returns over liquidity.

Size of SWFs

Assets under management of SWFs amounted to $7.94 trillion as of 24 December 2020. Countries with SWFs funded by oil and gas exports, totaled $5.4 trillion as of 2020.