List of U.S. states by sovereign wealth funds

Like many countries, several U.S. states have created sovereign wealth funds to finance certain services (typically public education) or to provide general revenue to the state government itself.[1][2] This article comprises the known such funds and their monetary amounts.

Table

Rank State Funds Assets (US$Billion) Origin
1 TexasPermanent School Fund & Permanent University Fund55.2 (August 2016)[3][4]Commodity / Oil & Gas
2 AlaskaAlaska Permanent Fund52.7 (June 2016)[5]Oil
3 New MexicoNew Mexico State Investment Council Permanent Funds20.2 (June 2016)[6]Oil & Gas
4 WyomingWyoming Permanent/Endowment Funds12.6 (March 2017)[7]Minerals
5 North DakotaNorth Dakota Legacy Fund3.8 (March 2017)[8]Oil & Gas
6 AlabamaAlabama Trust Fund2.5 (June 2016)[9]Oil & Gas
7 UtahState School Fund2.0 (March 2015)[10]Public Lands
8 OregonOregon Common School Fund1.4 (December 2016)[11]Public Lands
9 LouisianaLouisiana Education Quality Trust Fund1.3 (June 2016)[12]Oil & Gas
10 MontanaCoal Severance Tax Trust Fund & Public School Trust1.2 (June 2016)[13]Fossil Fuels / Public Lands

See also

References

  1. Brenna Erford; et al. (2016-06-29). "Louisiana Voters to Decide on Severance Tax-Based Sovereign Wealth Fund". The Pew Charitable Trusts. Retrieved 2017-04-15.
  2. "From Volatile Severance Taxes to Sustained Revenue". The Pew Charitable Trusts. 2016-10-06. Retrieved 2017-04-15.
  3. "Texas Permanent School Fund - Comprehensive Annual Financial Report FY 2016". Texas Education Agency. 2016-12-20. Retrieved 2017-04-15.
  4. "UTIMCO - Assets Under Management" (PDF). The University of Texas Investment Management Company. 2017. Retrieved 2017-04-15.
  5. "ALASKA PERMANENT FUND - FUND FINANCIAL HISTORY & PROJECTIONS" (PDF). Alaska Permanent Fund Corporation. 2017-02-28. Retrieved 2017-04-15.
  6. "Publications & Reports - Dashboard". New Mexico State Investment Council. 2017-03-30. Retrieved 2017-04-15.
  7. Wyoming State Treasurer's Office (2017-03-31). "Wyoming State Investment Portfolio" (PDF). Wyoming State Government. Retrieved 2017-04-15.
  8. Office of the North Dakota State Treasurer (2017-03-30). "North Dakota Government Funds". North Dakota State Government. Retrieved 2017-04-15.
  9. Office of State Treasurer (2017). "Alabama Trust Fund". Alabama State Government. Retrieved 2017-04-15.
  10. Utah State Treasurer (2017). "State School and Institutional Trust Funds". Utah State Government. Retrieved 2017-04-15.
  11. Oregon State Treasury (2017). "Funds Under Management". Oregon State Government. Retrieved 2017-04-15.
  12. Louisiana Department of the Treasury (2016). "Louisiana Education Quality Trust Fund 2016 Annual Report" (PDF). Louisiana State Government. Retrieved 2017-04-15.
  13. "Montana Board of Investments 2016 Annual Report" (PDF). Montana Board of Investments. 2016-12-28. Retrieved 2017-04-15.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.