Top 300 World’s Largest Pension Funds, 2010



pension funds

The following data are as of early 2010. Two (2) Malaysia pension funds namely Employees Provident Funds (EPF) and Kumpulan Wang Persaraan (KWAP) listed in top 300 world’s largest pension funds.

In 2010, EPF is at number 19 from the top 300 pension funds drop from number 18 in 2008.  However, the total assets grow to USD109.0 billion from USD98.8 billion in the same period.

KWAP, Malaysian second largest pension funds is at number 148 in 2010 with USD19.1 billion assets up from position 160 with USD16.0 billion assets in 2009.

Rank Fund Country Total assets (USD million)
1 Government Pension Investment Japan 1,315,071
2 Government Pension Fund-Global Norway 475,859
3 ABP Netherlands 299,873
4 National Pension Korea 234,946
5 Federal Retirement Thrift U.S. 234,404
6 California Public Employees U.S. 198,765
7 Local Government Officials Japan 164,510
8 California State Teachers U.S. 130,461
9 New York State Common U.S. 125,692
10 PFZW Netherlands 123,390
11 Central Provident Fund Singapore 122,497
12 Canada Pension Canada 122,067
13 Florida State Board U.S. 114,663
14 National Social Security China 113,716
15 Pension Fund Association Japan 113,364
16 ATP Denmark 111,887
17 New York City Retirement U.S. 111,669
18 GEPF South Africa 110,976
19 Employees Provident Fund Malaysia 109,002
20 General Motors U.S. 99,200
21 National Public Service Japan 92,709
22 Ontario Teachers Canada 92,160
23 Texas Teachers U.S. 91,358
24 Fondo de Reserva Seguridad Spain 83,145
25 Previ Brazil 81,745
26 AT&T U.S. 80,206
27 Public School Employees Japan 79,009
28 New York State Teachers U.S. 77,640
29 IBM U.S. 77,321
30 Wisconsin Investment Board U.S. 73,096
31 Boeing U.S. 71,135
32 North Carolina U.S. 70,815
33 New Jersey U.S. 68,698
34 Ohio Public Employees U.S. 67,650
35 Bayerische Versorgungskammer Germany 65,063
36 Alecta Sweden 64,553
37 Future Fund Australia 60,710
38 General Electric U.S. 58,300
39 Ohio State Teachers U.S. 58,236
40 BT Group U.K. 57,211
41 Washington State Board U.S. 56,709
42 Royal Dutch Shell Netherlands 52,755
43 Oregon Public Employees U.S. 51,516
44 Michigan Retirement U.S. 50,914
45 Employees’ Provident India 50,094
46 FRR France 49,442
47 Metaal/tech. Bedrijven Netherlands 49,299
48 Organization for Workers Japan 49,130
49 Virginia Retirement U.S. 48,203
50 Universities Superannuation U.K. 48,021
51 Ford Motor U.S. 47,700
52 Georgia Teachers U.S. 47,552
53 Verizon U.S. 46,547
54 California University U.S. 45,903
55 Pennsylvania School Employees. U.S. 45,740
56 Ontario Municipal Employees Canada 45,727
57 Royal Bank of Scotland Group U.K. 45,093
58 PFA Pension Denmark 43,951
59 Electricity Supply Pension U.K. 43,115
60 Varma Finland 42,890
61 Public Institute for Social Security Kuwait 42,231
62 Massachusetts PRIM U.S. 41,757
63 Royal Mail U.K. 41,684
64 Lockheed Martin U.S. 40,764
65 Minnesota State Board U.S. 40,724
66 AMF Pension Sweden 40,655
67 Alcatel-Lucent U.S. 38,158
68 Lloyds TSB Group U.K. 37,977
69 Bouwnijverheid Netherlands 37,834
70 United Nations Joint Staff U.S. 36,555
71 Quebec Government & Public Canada 35,971
72 Private Schools Employees Japan 35,822
73 Northrop Grumman U.S. 35,687
74 AFP Provida Chile 35,682
75 Local Government Pensions Finland 35,402
76 National Pensions Reserve Ireland 35,042
77 Colorado Employees U.S. 34,148
78 Bank of America U.S. 33,957
79 Los Angeles County Employees U.S. 33,363
80 British Coal Pension Schemes U.K. 32,884
81 Ilmarinen Finland 32,776
82 Labor Pension Fund Taiwan 32,343
83 Maryland State Retirement U.S. 31,833
84 PME Netherlands 31,717
85 Bundes Pensionskasse Switzerland 31,331
86 Illinois Teachers U.S. 31,326
87 BVV Germany 29,976
88 Hospitals of Ontario Canada 29,747
89 Australian Super Australia 29,179
90 Exxon Mobil U.S. 29,000
91 AFP Habitat Chile 28,992
92 Quebec Pension Canada 28,965
93 Tennessee Consolidated U.S. 28,862
94 AP Fonden 3 Sweden 28,227
95 AP Fonden 2 Sweden 27,986
96 United Technologies U.S. 27,940
97 AP Fonden 1 Sweden 27,888
98 State Super Australia 27,439
99 AP Fonden 4 Sweden 27,043
100 Wells Fargo U.S. 26,737
101 AFP Capital Chile 26,542
102 Public Service Pension Plan Canada 26,484
103 Teamsters, Western Conf. U.S. 26,446
104 Railways Pensions U.K. 26,431
105 Petros Brazil 26,167
106 Zilverfond Belgium 25,907
107 Pennsylvania Employees U.S. 25,594
108 Barclays Bank U.K. U.K. 25,312
109 Alabama Retirement U.S. 24,885
110 QSuper Australia 24,758
111 Chrysler Group U.S. 24,531
112 National Grid U.K. 24,033
113 Sampension Denmark 24,020
114 British Airways U.K. 23,828
115 South Carolina Retirement U.S. 23,754
116 Missouri Public Schools U.S. 23,450
117 B.C. Municipal Canada 23,412
118 National Railroad U.S. 23,348
119 National Pension Association Japan 23,319
120 United Parcel Service U.S. 23,314
121 Arizona State Retirement U.S. 23,260
122 Banamex Mexico 22,885
123 UniSuper Australia 22,804
124 AFP Cuprum Chile 22,772
125 Mitsubishi UFJ Financial Japan 22,673
126 PensionISSSTE Mexico 22,604
127 BP U.K. 22,549
128 Connecticut Retirement U.S. 22,450
129 J.P. Morgan Chase U.S. 22,440
130 DuPont U.S. 22,350
131 FUNCEF Brazil 22,231
132 Nippon Telegraph & Telephone Japan 22,098
133 ING St. Psf. Netherlands 21,941
134 Texas Employees U.S. 21,825
135 Raytheon U.S. 21,601
136 Illinois Municipal U.S. 21,546
137 Nevada Public Employees U.S. 20,885
138 Unilever U.K. 20,655
139 Bae Systems Pension Scheme U.K. 20,637
140 Bancomer Mexico 20,499
141 BASF Germany 19,791
142 Iowa Public Employees U.S. 19,652
143 UBS Switzerland 19,602
144 BVK des Kantons Zurich Switzerland 19,300
145 FedEx U.S. 19,300
146 Utah State Retirement U.S. 19,225
147 Phillips Netherlands 19,102
148 Retirement Fund-KWAP Malaysia 19,099
149 Panasonic Japan 19,062
150 Siemens Germany 19,023
151 Chevron U.S. 18,894
152 Honeywell U.S. 18,863
153 Nestle Switzerland 18,788
154 Teamsters, Central States U.S. 18,659
155 Mississippi Employees U.S. 18,541
156 Kaiser U.S. 18,253
157 Hewlett-Packard U.S. 17,851
158 HSBC Bank U.K. 17,701
159 State Pension Finland 17,653
160 Novartis Switzerland 17,611
161 State Farm U.S. 17,500
162 Citigroup U.S. 17,471
163 ING Mexico 17,247
164 Rabobank Netherlands 17,226
165 M U.S. 17,099
166 AkzoNobel U.K. 16,941
167 Greater Manchester U.K. 16,860
168 Doctors Pension Funds Services Netherlands 16,786
169 Dow Chemical U.S. 16,712
170 FSS-NSW Australia 16,699
171 PensionDanmark Denmark 16,691
172 Strathclyde Pension Fund U.K. 16,632
173 Alaska Retirement U.S. 16,451
174 American Airlines U.S. 16,414
175 Aria Australia 16,187
176 Procter & Gamble U.S. 16,141
177 Texas Municipal Retirement U.S. 16,077
178 Pfizer U.S. 15,802
179 VBL Germany 15,764
180 Migros-Genossenschafts-Bund Switzerland 15,722
181 REST Australia 15,712
182 Shell Oil U.S. 15,608
183 Ontario Pension Board Canada 15,296
184 Spoorwegpensioenfonds Netherlands 15,231
185 Delta Air Lines U.S. 15,125
186 Local Authorities Pension Board Canada 15,077
187 United Methodist Church U.S. 14,952
188 Texas County & District U.S. 14,836
189 San Francisco City & County U.S. 14,829
190 Prudential U.S. 14,791
191 B.C. Teachers Canada 14,778
192 ABN AMRO Netherlands 14,633
193 Zenkoku Shinyo Kinko Japan 14,592
194 ESSSuper Australia 14,433
195 Industriens Pension Denmark 14,277
196 B.C. Public Service Canada 14,247
197 Georgia Employees U.S. 14,237
198 British Steel Pension Scheme U.K. 14,140
199 Public Sector Pension Fund Taiwan 14,084
200 Profuturo GNP Mexico 14,001
201 Johnson & Johnson U.S. 13,984
202 Sunsuper Australia 13,893
203 Caterpillar U.S. 13,709
204 Canadian National Railways Canada 13,701
205 Indiana Public Employees U.S. 13,656
206 Hesta Australia 13,647
207 Hitachi Japan 13,629
208 Mizuho Financial Group Japan 13,608
209 Canada Post Canada 13,513
210 FEFSS Portugal 13,481
211 PG&E U.S. 13,442
212 Government Pension Fund Thailand 13,408
213 Deutsche Bank Germany 13,402
214 Grafische Bedrijven Netherlands 13,365
215 Magistrenes Pensionskasse Denmark 13,274
216 BP America U.S. 13,200
217 RWE Germany 13,192
218 Daimler Germany 13,180
219 BBC U.K. 13,168
220 Nordrheinische Ärzteversorgung Germany 13,102
221 Aviva U.K. 13,085
222 Baden-Wurttembergische Germany 12,983
223 Construction & Building Super Australia 12,969
224 Kentucky Teachers U.S. 12,966
225 Illinois State Universities U.S. 12,954
226 Inbursa Mexico 12,823
227 Allianz Germany 12,773
228 West Yorkshire U.K. 12,757
229 Toyota Motor Japan 12,662
230 Zurich Financial Services Switzerland 12,622
231 Bell Canada Canada 12,494
232 AP Fonden Sweden 12,488
233 Laegernes Pensionskasse Denmark 12,362
234 Tapiola Mutual Pension Ins. Finland 12,260
235 Tokyo Municipal Government Japan 12,255
236 General Dynamics U.S. 12,239
237 National Electric U.S. 12,168
238 Credit Suisse Switzerland 12,159
239 PK Post Switzerland 12,114
240 GlaxoSmithKline U.K. 12,109
241 West Midlands Metropolitan U.K. 11,950
242 Illinois State Board U.S. 11,914
243 World Bank U.S. 11,854
244 Hydro-Quebec Canada 11,845
245 Louisiana Teachers U.S. 11,782
246 SBB Pensionskasse Switzerland 11,567
247 AerzteVersorgung Westfalen Lippe Germany 11,478
248 OPSEU Canada 11,461
249 City of Zurich Switzerland 11,460
250 Rolls-Royce U.K. 11,381
251 Kansas Public Employees U.S. 11,353
252 Lonmodtagernes Dyrtidsfond Denmark 11,350
253 Deere U.S. 11,348
254 Eastman Kodak U.S. 11,330
255 Wal-Mart Stores U.S. 11,298
256 Quebec Teachers Canada 11,261
257 Los Angeles Fire & Police U.S. 11,258
258 Fonds de Comp./Securite Sociale Luxembourg 11,094
259 Qwest U.S. 10,942
260 Porvenir Colombia 10,916
261 Kentucky Retirement U.S. 10,715
262 MetLife U.S. 10,711
263 Quebec Construction Industry Canada 10,604
264 ConocoPhillips U.S. 10,595
265 Federal Reserve Employees U.S. 10,570
266 Kraft Foods U.S. 10,559
267 New York State Def. Comp. U.S. 10,554
268 International Paper U.S. 10,525
269 New Mexico Public Employees U.S. 10,512
270 ACE Aviation Holdings Canada 10,457
271 Protección Colombia 10,323
272 Exelon U.S. 10,282
273 Idaho Public Employees U.S. 10,228
274 Siemens (USA) U.S. 10,185
275 Hoffman La Roche Switzerland 10,175
276 Ohio Police & Fire U.S. 10,140
277 Sygeplejersker Denmark 10,045
278 Fujitsu Japan 10,037
279 Hawaii Employees U.S. 9,765
280 Alcoa U.S. 9,724
281 E.ON Germany 9,715
282 Arkansas Teachers U.S. 9,661
283 Abbott Laboratories U.S. 9,636
284 Sumitomo Mitsui Financial Group Japan 9,572
285 Super Australia 9,549
286 Southern Co. U.S. 9,448
287 Koch Industries U.S. 9,426
288 Los Angeles City Employees U.S. 9,328
289 Consolidated Edison U.S. 9,284
290 Operating Eng. International U.S. 9,277
291 Labor Insurance Fund Taiwan 9,268
292 GESF/GESB-WA Australia 9,174
293 Maine State Retirement U.S. 9,160
294 Chicago Teachers U.S. 9,157
295 Telstra Super Australia 9,143
296 Ohio School Employees U.S. 9,070
297 Government Service Insurance Philippines 8,922
298 New Zealand Superannuation New Zealand 8,795
299 Sears Holdings U.S. 8,772
300 Intel U.S. 8,757
TOTAL 11,279,646



Leave a Comment