Leading SOIs globally 2024, by AUM
A State-Owned Investor (SOI) is an agency or body created by the national government to manage a specific task or industry. In 2024, the People's Bank of China (PBoC) was the largest SOI in the world, with over 3.3 trillion U.S. dollars of assets under management. Moreover, Japan's Government Pension Investment Fund, or GPIF, ranked as the second largest global SOI, managing assets worth roughly 1.6 trillion U.S. dollars.