To: nicewatch who wrote (10377 ) 2/28/2023 3:30:45 AM From: elmatador Read Replies (1) | Respond to Indians saw the pensions fund size and went for it. $17 trillion in total, an increase of 8.5% over the previous year.Ranked: The World’s 100 Biggest Pension Funds Jenna Ross Sam Parker View the high-resolution of the infographic by clicking here . $17 trillion in total, an increase of 8.5% over the previous year.Thinking Ahead Institute to rank the world’s biggest pension funds, and where they are located.Sovereign funds: Funds controlled directly by the state. This ranking only includes sovereign funds that are established by national authorities.Public sector funds: Funds that cover public sector workers, such as government employees and teachers, in provincial or state sponsored plans.Private independent funds: Funds controlled by private sector organizations that are authorized to manage pension plans from different employers.Corporate funds: Funds that cover workers in company sponsored pension plans.Among the largest funds, public sector funds are the most common.U.S. fund data are as of Sep. 30, 2021, and non-U.S. fund data are as of Dec. 31, 2021. There are some exceptions as noted in the graphic footnotes. Government Pension Investment Fund (GPIF) is the largest in the ranking for the 21st year in a row. For a time, the fund was the largest holder of domestic stocks in Japan, though the Bank of Japan has since taken that title . Given its enormous size, investors closely follow the GPIF’s actions. For instance, the fund made headlines for deciding to start investing in startups, because the move could entice other pensions to make similar investments.Federal Retirement Thrift Investment Board . Because of its large financial influence, both political parties have been accused of using it as a political tool . Democrats have pushed to divest assets in fossil fuel companies, while Republicans have proposed blocking investment in Chinese-owned companies.National Wealth Fund comes in at number 19 on the list. The fund is designed to support the public pension system and help balance the budget as needed. With Russia’s economy facing difficulties amid the Russia-Ukraine conflict, the government has also used it as a rainy day fund. For instance, Russia has set aside $23 billion from the fund to replace foreign aircraft with domestic models, because Western sanctions have made it difficult to source replacement parts for foreign planes.Aging populations mean more withdrawals and less fund contributionsSome pension funds are turning to alternative assets, such as private equity, in pursuit of more diversification and higher returns. Of course, these investments can also carry more risk.invested $95 million in the now-bankrupt cryptocurrency exchange FTX. The plan made the investment through its venture growth platform, to “gain small-scale exposure to an emerging area in the financial technology sector.”
