Table: The P&I/Towers Watson World 300 -- world's largest retirement funds

P&I/Towers Watson World 300
Ranked by U.S. dollars, in millions. U.S. fund data are from the P&I 1,000, published Feb. 8, 2010; unless otherwise noted, Japan fund data are as of March 31, 2010, Australia fund data are as of June 30, 2010, and all other fund data are as of Dec. 31, 2009.
RankFundCountryTotal assets
1Government Pension Investment1Japan$1,315,071
2Government Pension Fund-GlobalNorway$475,859
3ABPNetherlands$299,873
4National PensionKorea$234,946
5Federal Retirement ThriftU.S.$234,404
6California Public EmployeesU.S.$198,765
7Local Government Officials2Japan$164,510
8California State TeachersU.S.$130,461
9New York State CommonU.S.$125,692
10PFZWNetherlands$123,390
11Central Provident Fund3Singapore$122,497
12Canada Pension3Canada$122,067
13Florida State BoardU.S.$114,663
14National Social SecurityChina$113,716
15Pension Fund Association2Japan$113,364
16ATPDenmark$111,887
17New York City RetirementU.S.$111,669
18GEPF3South Africa$110,976
19Employees Provident FundMalaysia$109,002
20General MotorsU.S.$99,200
21National Public Service2Japan$92,709
22Ontario TeachersCanada$92,160
23Texas TeachersU.S.$91,358
24Fondo de Reserva SeguridadSpain$83,145
25PreviBrazil$81,745
26AT&TU.S.$80,206
27Public School Employees2Japan$79,009
28New York State TeachersU.S.$77,640
29IBMU.S.$77,321
30Wisconsin Investment BoardU.S.$73,096
31BoeingU.S.$71,135
32North CarolinaU.S.$70,815
33New JerseyU.S.$68,698
34Ohio Public EmployeesU.S.$67,650
35Bayerische VersorgungskammerGermany$65,063
36AlectaSweden$64,553
37Future FundAustralia$60,710
38General ElectricU.S.$58,300
39Ohio State TeachersU.S.$58,236
40BT Group3U.K.$57,211
41Washington State BoardU.S.$56,709
42Royal Dutch Shell4Netherlands$52,755
43Oregon Public EmployeesU.S.$51,516
44Michigan RetirementU.S.$50,914
45Employees' Provident5India$50,094
46FRR3France$49,442
47Metaal/tech. Bedrijven3Netherlands$49,299
48Organization for Workers2Japan$49,130
49Virginia RetirementU.S.$48,203
50Universities Superannuation3U.K.$48,021
51Ford MotorU.S.$47,700
52Georgia TeachersU.S.$47,552
53VerizonU.S.$46,547
54California UniversityU.S.$45,903
55Pennsylvania School Employees.U.S.$45,740
56Ontario Municipal EmployeesCanada$45,727
57Royal Bank of Scotland Group6U.K.$45,093
58PFA PensionDenmark$43,951
59Electricity Supply Pension2U.K.$43,115
60VarmaFinland$42,890
61Public Institute for Social SecurityKuwait$42,231
62Massachusetts PRIMU.S.$41,757
63Royal Mail7U.K.$41,684
64Lockheed MartinU.S.$40,764
65Minnesota State BoardU.S.$40,724
66AMF PensionSweden$40,655
67 Alcatel-LucentU.S.$38,158
68Lloyds TSB Group6U.K.$37,977
69BouwnijverheidNetherlands$37,834
70United Nations Joint StaffU.S.$36,555
71Quebec Government & PublicCanada$35,971
72Private Schools Employees2Japan$35,822
73Northrop GrummanU.S.$35,687
74AFP ProvidaChile$35,682
75Local Government PensionsFinland$35,402
76National Pensions Reserve3Ireland$35,042
77Colorado EmployeesU.S.$34,148
78Bank of AmericaU.S.$33,957
79Los Angeles County EmployeesU.S.$33,363
80British Coal Pension Schemes3U.K.$32,884
81IlmarinenFinland$32,776
82Labor Pension FundTaiwan$32,343
83Maryland State RetirementU.S.$31,833
84PMENetherlands$31,717
85Bundes PensionskasseSwitzerland$31,331
86Illinois TeachersU.S.$31,326
87BVVGermany$29,976
88Hospitals of OntarioCanada$29,747
89Australian SuperAustralia$29,179
90Exxon MobilU.S.$29,000
91AFP HabitatChile$28,992
92Quebec Pension3Canada$28,965
93Tennessee ConsolidatedU.S.$28,862
94AP Fonden 3Sweden$28,227
95AP Fonden 2Sweden$27,986
96United TechnologiesU.S.$27,940
97AP Fonden 1Sweden$27,888
98State SuperAustralia$27,439
99AP Fonden 4Sweden$27,043
100Wells FargoU.S.$26,737
101AFP CapitalChile$26,542
102Public Service Pension Plan2Canada$26,484
103Teamsters, Western Conf.U.S.$26,446
104Railways PensionsU.K.$26,431
105PetrosBrazil$26,167
106Zilverfond2Belgium$25,907
107Pennsylvania EmployeesU.S.$25,594
108Barclays Bank U.K.U.K.$25,312
109Alabama RetirementU.S.$24,885
110QSuperAustralia$24,758
111Chrysler GroupU.S.$24,531
112National Grid3U.K.$24,033
113SampensionDenmark$24,020
114British Airways3U.K.$23,828
115South Carolina RetirementU.S.$23,754
116Missouri Public SchoolsU.S.$23,450
117B.C. MunicipalCanada$23,412
118National RailroadU.S.$23,348
119National Pension Association2Japan$23,319
120United Parcel ServiceU.S.$23,314
121Arizona State RetirementU.S.$23,260
122Banamex3Mexico$22,885
123UniSuper1Australia$22,804
124AFP CuprumChile$22,772
125Mitsubishi UFJ Financial6Japan$22,673
126PensionISSSTE3Mexico$22,604
127BPU.K.$22,549
128Connecticut RetirementU.S.$22,450
129J.P. Morgan ChaseU.S.$22,440
130 DuPontU.S.$22,350
131FUNCEFBrazil$22,231
132Nippon Telegraph & TelephoneJapan$22,098
133 ING St. Psf.6Netherlands$21,941
134Texas EmployeesU.S.$21,825
135RaytheonU.S.$21,601
136Illinois MunicipalU.S.$21,546
137Nevada Public EmployeesU.S.$20,885
138Unilever6U.K.$20,655
139Bae Systems Pension SchemeU.K.$20,637
140Bancomer3Mexico$20,499
141BASF6Germany$19,791
142Iowa Public EmployeesU.S.$19,652
143UBSSwitzerland$19,602
144BVK des Kantons ZurichSwitzerland$19,300
145FedExU.S.$19,300
146Utah State RetirementU.S.$19,225
147PhillipsNetherlands$19,102
148Retirement Fund-KWAP8Malaysia$19,099
149PanasonicJapan$19,062
150SiemensGermany$19,023
151ChevronU.S.$18,894
152HoneywellU.S.$18,863
153Nestle6Switzerland$18,788
154Teamsters, Central StatesU.S.$18,659
155Mississippi EmployeesU.S.$18,541
156KaiserU.S.$18,253
157Hewlett-PackardU.S.$17,851
158HSBC BankU.K.$17,701
159State PensionFinland$17,653
160Novartis6Switzerland$17,611
161State FarmU.S.$17,500
162 CitigroupU.S.$17,471
163 ING3Mexico$17,247
164RabobankNetherlands$17,226
1653MU.S.$17,099
166AkzoNobelU.K.$16,941
167Greater Manchester3U.K.$16,860
168Doctors Pension Funds ServicesNetherlands$16,786
169Dow ChemicalU.S.$16,712
170FSS-NSWAustralia$16,699
171PensionDanmarkDenmark$16,691
172Strathclyde Pension Fund3U.K.$16,632
173Alaska RetirementU.S.$16,451
174American AirlinesU.S.$16,414
175AriaAustralia$16,187
176Procter & GambleU.S.$16,141
177Texas Municipal RetirementU.S.$16,077
178PfizerU.S.$15,802
179VBLGermany$15,764
180Migros-Genossenschafts-BundSwitzerland$15,722
181RESTAustralia$15,712
182Shell OilU.S.$15,608
183Ontario Pension Board9Canada$15,296
184SpoorwegpensioenfondsNetherlands$15,231
185Delta Air LinesU.S.$15,125
186Local Authorities Pension Board3Canada$15,077
187United Methodist ChurchU.S.$14,952
188Texas County & DistrictU.S.$14,836
189San Francisco City & CountyU.S.$14,829
190PrudentialU.S.$14,791
191B.C. Teachers5Canada$14,778
192ABN AMRO6Netherlands$14,633
193Zenkoku Shinyo KinkoJapan$14,592
194ESSSuperAustralia$14,433
195Industriens PensionDenmark$14,277
196B.C. Public ServiceCanada$14,247
197Georgia EmployeesU.S.$14,237
198British Steel Pension Scheme5U.K.$14,140
199Public Sector Pension FundTaiwan$14,084
200Profuturo GNP3Mexico$14,001
201 Johnson & JohnsonU.S.$13,984
202SunsuperAustralia$13,893
203CaterpillarU.S.$13,709
204Canadian National RailwaysCanada$13,701
205Indiana Public EmployeesU.S.$13,656
206HestaAustralia$13,647
207Hitachi6Japan$13,629
208Mizuho Financial Group6Japan$13,608
209Canada PostCanada$13,513
210FEFSSPortugal$13,481
211PG&EU.S.$13,442
212Government Pension Fund3Thailand$13,408
213Deutsche Bank6Germany$13,402
214Grafische BedrijvenNetherlands$13,365
215Magistrenes PensionskasseDenmark$13,274
216BP AmericaU.S.$13,200
217RWEGermany$13,192
218DaimlerGermany$13,180
219BBC3U.K.$13,168
220Nordrheinische ─rzteversorgung Germany$13,102
221AvivaU.K.$13,085
222Baden-WurttembergischeGermany$12,983
223Construction & Building SuperAustralia$12,969
224Kentucky TeachersU.S.$12,966
225Illinois State UniversitiesU.S.$12,954
226Inbursa3Mexico$12,823
227Allianz6Germany$12,773
228West Yorkshire3U.K.$12,757
229Toyota Motor6Japan$12,662
230Zurich Financial Services6Switzerland$12,622
231Bell CanadaCanada$12,494
232AP Fonden 7Sweden$12,488
233Laegernes PensionskasseDenmark$12,362
234Tapiola Mutual Pension Ins.Finland$12,260
235Tokyo Municipal Government2Japan$12,255
236General DynamicsU.S.$12,239
237National ElectricU.S.$12,168
238Credit SuisseSwitzerland$12,159
239PK PostSwitzerland$12,114
240 GlaxoSmithKlineU.K.$12,109
241West Midlands MetropolitanU.K.$11,950
242Illinois State BoardU.S.$11,914
243World BankU.S.$11,854
244Hydro-QuebecCanada$11,845
245Louisiana TeachersU.S.$11,782
246SBB PensionskasseSwitzerland$11,567
247AerzteVersorgung Westfalen LippeGermany$11,478
248OPSEUCanada$11,461
249City of Zurich10Switzerland$11,460
250Rolls-RoyceU.K.$11,381
251Kansas Public EmployeesU.S.$11,353
252Lonmodtagernes DyrtidsfondDenmark$11,350
253DeereU.S.$11,348
254Eastman KodakU.S.$11,330
255Wal-Mart StoresU.S.$11,298
256Quebec Teachers2Canada$11,261
257Los Angeles Fire & PoliceU.S.$11,258
258Fonds de Comp./Securite SocialeLuxembourg$11,094
259QwestU.S.$10,942
260Porvenir8Colombia$10,916
261Kentucky RetirementU.S.$10,715
262 MetLifeU.S.$10,711
263Quebec Construction Industry2Canada$10,604
264 ConocoPhillipsU.S.$10,595
265Federal Reserve EmployeesU.S.$10,570
266Kraft FoodsU.S.$10,559
267New York State Def. Comp.U.S.$10,554
268International PaperU.S.$10,525
269New Mexico Public EmployeesU.S.$10,512
270ACE Aviation Holdings2Canada$10,457
271Protecciˇn8Colombia$10,323
272ExelonU.S.$10,282
273Idaho Public EmployeesU.S.$10,228
274Siemens (USA)U.S.$10,185
275Hoffman La Roche6Switzerland$10,175
276Ohio Police & FireU.S.$10,140
277SygeplejerskerDenmark$10,045
278FujitsuJapan$10,037
279Hawaii EmployeesU.S.$9,765
280AlcoaU.S.$9,724
281E.ONGermany$9,715
282Arkansas TeachersU.S.$9,661
283 Abbott LaboratoriesU.S.$9,636
284Sumitomo Mitsui Financial Group6Japan$9,572
285Super2Australia$9,549
286 Southern Co.U.S.$9,448
287Koch IndustriesU.S.$9,426
288Los Angeles City EmployeesU.S.$9,328
289Consolidated EdisonU.S.$9,284
290Operating Eng. InternationalU.S.$9,277
291Labor Insurance FundTaiwan$9,268
292GESF/GESB-WAAustralia$9,174
293Maine State RetirementU.S.$9,160
294Chicago TeachersU.S.$9,157
295Telstra SuperAustralia$9,143
296Ohio School EmployeesU.S.$9,070
297Government Service InsurancePhilippines$8,922
298New Zealand Superannuation10New Zealand$8,795
299Sears HoldingsU.S.$8,772
300IntelU.S.$8,757
Total $11,279,646
Footnotes: 1As of Dec. 31, 2009; 2Estimate; 3As of March 31, 2010; 4Global figure (ex-U.S.); 5As of March 31, 2009; 6Global figure; 7As of March 28, 2010; 8As of April 30, 2010; 9As of June 30, 2010; 10As of June 30, 2009.