By Staff
The U.S.’ $857B Federal Retirement Investment Board made the No. 12th spot on Global SWF’s latest pension fund performance report.
The pension fund outperformed the $847B Singapore GIC (No. 13), the $639B Reserve Bank of India (No. 15), the $633B Bank of Russia (No. 16), and the Netherlands’ $618B APG (No. 17).
Topping the list was the $3.499T People’s Bank of China, with Norway’s $1.743T Norges Bank Investment Management, Japan’s $1.656T Government Pension Investment Fund, $1.358T China’s State Administration of Foreign Exchange, and the $1.332T China Investment Corp. rounding out the top five.
The $532B California Public Employees’ Retirement System claimed the 19th spot, with the $352B California State Teachers’ Retirement System following in the 31st spot. New York City’s $282B NYC Comptroller’s Bureau of Asset Management and the $268B NY State Common Fund, as well as Florida’s $262B State Board Administration all secured spots among the top 50 funds (Nos. 38, 41, and 44, respectively).
The $187B Texas Teacher Retirement System (No. 60), the $181B Washington State Investment Board (No. 66), and the $156B State of Wisconsin Investment Board (No. 71), the $123B North Carolina Retirement System (No. 81), the $115B Ohio Public Employee Retirement System (No. 87), the $114B Virginia Retirement System (No.88), the $109B Massachusetts Pension Reserves Investment Management Board (No. 91), the $106B Teachers Retirement System of Georgia (No. 95), and the $100B Oregon Public Employees Retirement System (No. 100) all ranked among the top 100.
Nine of Canada’s largest pension funds made it onto the list, with the $472B Canada Pension Plan (No. 22) placing highest. The $330B Caisse de dépôt et placement du Québec placed in the 34th spot, followed by the $196B Public Service Pension Investment Board (56), the $187B Ontario Teachers’ Pension Plan (No. 61), the $185B British Columbia Investment Management Corp. (No. 63), the $118B Alberta Investment Management Corp. (No. 83), the $98B Ontario Municipal Employees Retirement System (No. 103), the $85B Healthcare of Ontario Pension Plan (No. 111), and the $59B Investment Management Corp. of Ontario (No. 145).
