Tuesday, December 25, 2007

Sovereign Weath Fund

Sovereign Wealth Fund have been in the spotlight recently with
several SWF buying global investment banks stakes in the month
of december 07. They are defined as national entities that managed
the national saving for the purpose of investing.

Currently the "Super Seven" Sovereign Weath Funds are as follow....
With Saudi Arabia recently announced the creation of it's own SWF
estimate about US$900 billions, the world nations SWF are estimated
to reach past the US$2.5 trillions mark as of UK financial time
report in May 07.

No 1 : Abu Dhabi Investment Authority ($1300 billion).
No 2 : The Government Pension Fund of Norway($322 billion)
No 3 : Government of Singapore Investment Corporation ($330 billion)
No 4 : Kuwait Investment Authority ($213 billion)
No 5 : China Investment Corporation ($200 billion)
No 6 : Russian Federation Stabilisation Fund ($127.5 billion)
No 7 : Singapore's Temasek Holdings ($108 billion).

Estimate as of end of 2006 based on information from Wikipedia