Which Singapore asset owners are in the top 100?
The world’s 100 largest asset owners hold a total of US$26.3t.
GIC Private Limited, the Central Provident Fund, and Temasek Holdings are in the top 25 of the world’s 100 largest asset owners in 2023, according to the non-profit investment research group Thinking Ahead Institute.
Sovereign wealth fund GIC Private Limited is at number 9, with an estimated total asset of $1.034b (US$769m). Singapore’s Central Provident Fund is ranked 16, with an estimated total asset of $607.90m (US$452.45m),
Meanwhile, Temasek Holdings ranked 23rd, with an estimated total asset of $387.34m (US$288m).
The Government Pension Investment of Japan ranks first, with an estimated total asset of $2.14bn (US$1.59b).
APAC continues to account for most assets in the top 20 global asset owners.
The total assets of the top 100 asset owners globally are estimated to be at US$26.3t in 2023, an increase of 12.3% year-on-year compared to 2022.