Top 100 Largest Fund Rankings by Total Assets (2024)

RankProfileTotal AssetsTypeRegion
1.Federal Reserve System$7,866,664,000,000Central BankNorth America
2.$6,071,691,009,422BankAsia
3.China Construction Bank Corp$5,339,132,807,008BankAsia
4.Agricultural Bank of China$5,288,049,140,615BankAsia
5.Bank of Japan$5,156,691,776,599Central BankAsia
6.People's Bank of China$5,144,760,000,000Central BankAsia
7.Bank of China$4,338,504,776,320BankAsia
8.Federal National Mortgage Association$4,329,380,000,000State Owned EnterpriseNorth America
9.$3,868,240,000,000Financial Holding CompanyNorth America
10.Bank of America$3,123,198,000,000Financial Holding CompanyNorth America
11.Mitsubishi UFJ Trust and Banking Corporation$3,079,150,000,000Financial Holding CompanyAsia
12.HSBC Holdings$3,041,476,000,000Financial Holding CompanyEurope
13.BNP Paribas$2,909,076,379,860Financial Holding CompanyEurope
14.Social Security Trust Funds$2,829,950,000,000Public PensionNorth America
15.Japan Post$2,701,580,000,000Financial Holding CompanyAsia
16.Deutsche Bundesbank$2,684,748,269,640Central BankEurope
17.Credit Agricole$2,612,639,693,160Financial Holding CompanyEurope
18.China Development Bank$2,534,803,410,518Development BankAsia
19.Citigroup$2,455,113,000,000Financial Holding CompanyNorth America
20.Bank of France$2,306,543,661,200Central BankEurope
21.Federal Home Loan Mortgage Corporation$2,203,623,000,000State Owned EnterpriseNorth America
22.Sumitomo Mitsui Financial Group$2,195,330,000,000Financial Holding CompanyAsia
23.Postal Savings Bank of China$2,124,040,378,150BankAsia
24.Wells Fargo$1,959,543,000,000Financial Holding CompanyNorth America
25.Barclays$1,955,692,576,580BankEurope
26.Bank of Communications$1,939,022,783,280BankAsia
27.Banco Santander$1,930,745,442,180BankEurope
28.Mizuho Financial Group$1,840,751,438,902Financial Holding CompanyAsia
29.Societe Generale$1,719,004,975,800BankEurope
30.UBS Group AG$1,678,780,000,000BankEurope
31.Groupe BPCE$1,654,529,497,110BankEurope
32.Norway Government Pension Fund Global$1,648,082,769,953Sovereign Wealth FundEurope
33.Government Pension Investment Fund Japan$1,604,808,000,606Public PensionAsia
34.Goldman Sachs$1,571,386,000,000Financial Holding CompanyNorth America
35.Bank of Italy$1,552,899,487,941Central BankEurope
36.Ping An Insurance$1,503,340,967,957InsuranceAsia
37.China Merchants Bank Company Limited$1,493,363,455,964BankAsia
38.Royal Bank of Canada$1,477,965,817,856BankNorth America
39.TD Bank$1,451,006,089,440BankNorth America
40.Deutsche Bank AG$1,416,097,094,580BankEurope
41.China Investment Corporation$1,350,000,000,000Sovereign Wealth FundAsia
42.Bank of Spain$1,329,329,625,660Central BankEurope
43.Bank of England$1,291,640,000,000Central BankEurope
44.Military Retirement Fund$1,279,144,150,000Public PensionNorth America
45.Shanghai Pudong Development Bank$1,250,353,143,117Development BankAsia
46.China CITIC Bank Corp$1,228,261,114,553BankAsia
47.Morgan Stanley$1,222,233,000,000Financial Holding CompanyNorth America
48.Allianz SE$1,188,984,895,600InsuranceEurope
49.Japan Fiscal Investment and Loan Fund$1,137,210,000,000Government FundAsia
50.ING Groep$1,120,839,859,860Financial Holding CompanyEurope
51.Caisse des DepotsPublic PensionEurope
52.Lloyds Banking GroupBankEurope
53.SAFE Investment CompanySovereign Wealth FundAsia
54.London Stock ExchangeFinancial Holding CompanyEurope
55.China Minsheng Banking CorporationBankAsia
56.Agence des Participations de l'EtatGovernmentEurope
57.Intesa SanpaoloBankEurope
58.Bank of Nova ScotiaBankNorth America
59.Swiss National BankCentral BankEurope
60.Agricultural Development Bank of ChinaGovernment BankAsia
61.Abu Dhabi Investment AuthoritySovereign Wealth FundMiddle East
62.European Stability MechanismSupranational EntityEurope
63.Credit MutuelBankEurope
64.Bank of MontrealBankNorth America
65.Public Investment FundSovereign Wealth FundMiddle East
66.Kuwait Investment AuthoritySovereign Wealth FundMiddle East
67.UniCredit S.p.A.BankEurope
68.Berkshire Hathaway Inc.Financial Holding CompanyNorth America
69.NatWest GroupFinancial Holding CompanyEurope
70.AXA SAInsuranceEurope
71.China Exim BankExport Credit AgencyAsia
72.Standard Chartered PlcBankEurope
73.Federal Employees Retirement SystemPublic PensionNorth America
74.BBVABankEurope
75.Reserve Bank of IndiaCentral BankAsia
76.Commonwealth Bank of AustraliaBankAustralia and Pacific
77.European Central BankCentral BankEurope
78.GIC Private LimitedSovereign Wealth FundAsia
79.China Life Insurance Company LimitedInsuranceAsia
80.National Pension Service of KoreaPublic PensionAsia
81.Nippon Life Insurance CompanyInsuranceAsia
82.Federal Retirement Thrift Investment BoardPublic PensionNorth America
83.Canadian Imperial Bank of CommerceBankNorth America
84.Central Bank of BrazilCentral BankLatin America
85.Financial Holding CompanyAustralia and Pacific
86.International Monetary FundSupranational EntityNorth America
87.Prudential Financial IncInsuranceNorth America
88.Manulife Financial CorporationInsuranceNorth America
89.Rabobank GroupBankEurope
90.National Australia BankBankAustralia and Pacific
91.Westpac BankingBankAustralia and Pacific
92.U.S. BankBankNorth America
93.Generali GroupInsuranceEurope
94.Central Bank of the Russian FederationCentral BankEurope
95.Saudi AramcoNational Oil CompanyMiddle East
96.MetLifeInsuranceNorth America
97.Nordea Bank ABBankEurope
98.Central Bank of ChinaCentral BankAsia
99.Norinchukin BankBankAsia
100.European Investment BankGovernment BankEurope
$166,610,894,693,804

If you are a journalist writing a story, an academic writing a research paper or a manager writing a report, we request that you reach out to us for permission to republish this data. Additionally, we may have updated information that is not yet reflected in this table.

If you would like to produce the full rankings page, please reach out to the Research Team.

View Other Total Asset Rankings by Type

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Top 100 Largest Fund Rankings by Total Assets (2024)

FAQs

What are the largest fund of funds? ›

Largest Fund of Funds
  • Partners Group (Infrastructure) AUM – 100Bn.
  • Goldman Sachs AIMS PE (Private Equity) AUM - 65Bn.
  • Hamilton Lane (Private Equity) AUM – 65Bn.
  • HarbourVest Partners (Private Equity) AUM – 63Bn.
  • Pathway Capital Management (Private Equity) AUM – 62Bn.

What is the largest sovereign wealth fund in 2024? ›

Largest SWFs funds worldwide April 2024, by total assets

The largest SWF was the Abu Dhabi Investment Authority, managing assets just shy of one trillion U.S. dollars.

What is the largest sovereign wealth fund rankings by total assets? ›

RankProfileTotal Assets
1.Norway Government Pension Fund Global$1,631,411,364,700
2.China Investment Corporation$1,350,000,000,000
3.SAFE Investment Company$1,090,000,000,000
4.Abu Dhabi Investment Authority$993,000,000,000
95 more rows

What is the richest fund in the world? ›

Here's a look into the largest sovereign wealth funds by assets under management.
  1. Government Pension Fund Global—Norway. ...
  2. Abu Dhabi Investment Authority. ...
  3. China Investment Corporation—China. ...
  4. Kuwait Investment Authority—Kuwait. ...
  5. SAMA Foreign Holdings—Saudi Arabia.

Who has the biggest fund in the world? ›

Norway is home to the biggest sovereign wealth fund globally, valued at nearly $1.4 trillion.

What is the riskiest type of fund? ›

Equities and equity-based investments such as mutual funds, index funds and exchange-traded funds (ETFs) are risky, with prices that fluctuate on the open market each day.

What is the oldest fund in the United States? ›

The year 1929 saw the launch of the Wellington Fund, which was the first balanced fund, including both stocks and bonds. The Vanguard Wellington Fund (VWELX) is still in existence today and claims to be America's oldest balanced fund.

What is the world's oldest sovereign wealth fund? ›

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. As of July 2023, Kuwait's Sovereign Wealth Fund, or locally known as Ajyal Fund, is now worth $853 billion.

What is the world's largest trust fund? ›

Norway's sovereign wealth fund, the world's largest, was established in the 1990s to invest the surplus revenues of the country's oil and gas sector.

What is the richest investment company in the world? ›

BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023.

What are the disadvantages of sovereign wealth funds? ›

To protect their assets for the long term, some countries invest resources and wealth into sovereign wealth funds, which manage a diversified portfolio. But without adequate transparency requirements, these vehicles can be ripe for corruption and other governance risks.

What is the most expensive sovereign wealth fund? ›

29 May 2024 London, U.K. PIF has been recognized as the world's most valuable sovereign wealth fund (SWF) brand, according to new data by Brand Finance.

Where do most billionaires invest their money? ›

Billionaires' wealth is concentrated in company stock, and their companies' value lies mostly in ideas and processes, not cash and physical property. The economy depends on some people having more than they need to consume, as their investments of capital fund business operations and private lending.

Which fund is most aggressive? ›

Here are the best Aggressive Allocation funds
  • Meeder Dynamic Allocation Fund.
  • JPMorgan Investor Growth Fund.
  • TIAA-CREF Lifestyle Aggressive Gr Fund.
  • Franklin Mutual Shares Fund.
  • North Square Multi Strategy Fd.
  • Gabelli Focused Growth and Inc Fd.
  • E-Valuator Agrsv Growth(85%-99%)RMS Fund.

What owns the most money in the world? ›

Top 10 richest people in the world
Name & RankNet Worth (in $ Billions)Source of Wealth
#1 Elon Musk$252.4Tesla, SpaceX
#2 Jeff Bezos$215.9Amazon
#3 Bernard Arnault & family$191.1LVMH
#4 Mark Zuckerberg$185.4Facebook
6 more rows
Jul 9, 2024

What are the top fund of funds firms? ›

RankFund NameStrategies
1Willis Towers WatsonFund of Funds
2Goldman Sachs Asset ManagementMulti Strategy, Fund of Funds
3Lighthouse Investment PartnersFund of Funds, Long/Short, Managed Futures
4Pictet Alternative InvestmentsFund of Funds
22 more rows

What are the three biggest funds? ›

As of 2024, the Vanguard Group ranked second among global fund managers by assets under management (AUM). Rounding out the top three, Charles Schwab ranked third, managing fund assets totaling 7.32 trillion U.S. dollars. BlackRock was the largest fund manager, managing fund assets exceeding 10.4 trillion U.S.

What are the top 5 fund families? ›

The top performers in Barron's fund families ranking—Putnam Investments in the top slot, followed by Fidelity Investments, PGIM Investments, Virtus Investment Partners, and Touchstone Investments—did just that for most of their investors.

Is FoF a good investment? ›

FOFs can offer diversification benefits and access to specialized strategies, making them suitable for some investors, but their performance may vary.

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