Super Seven Soverign Wealth Funds

Just read an interesting article from today Strait Times, it mentioned there are over 45 Sovereign Wealth Funds available but specially highlighted the Super Seven SWF with at least US$100 billions in assets each. Here are a closer insight with the Super Seven SWF and their vital statistic from ST June 2008

No 1 - Abu Dhabi Investment Authority

Warchest : US$875 billion
Recent Stakes Purchases :

i) Citigroup for US$7.5b (Nov 2007)
ii) PrimeWest Energy for US$5b (Sept 2007)

No 2 - Norway Government Pension Fund

Warchest : US$396.5 billion
Recent Stakes Holding :

i) Esprit
ii) Kmart
iii) United Oversea Bank
iv) Banyan Tree Holding
v) City Development

And many more...

No 3 - Kuwait Investment Authority

Warchest : US$265 billion
Recent Stakes Purchases :

i) Halkbank for US$209m (May 2007)
ii)Industrial Bank of China for US$720m(April 2007)
iii) Cevahir Shopping Centre for US$750m (Nov 2006)
iv) Merril Lynn for US$2b (June 2005)


No 4 - China Investment Corportation

Warchest : $200 billion
Recent Stakes Purchases :

i) Morgan Stanley for US$5b (Dec 2007)
ii) BG Group for US$250m (Sept 2007)
iii) Blackstone Group for US$3b (May 2007)

No 5 - Russia Oil Stabilisation Fund & National Welfare Fund

Warchest : More than US$150 billions

No 6 - Government of Singapore Investment Corporation

Warchest : More than US$100 billion
Recent Stakes Purchases :

i) UBS for US$10.8b (Feb 2008)
ii) Citigroup for US$6.88b (Jan 2008)
iii) Merril Lynn for US$954m (June 2007)


No 7 - Singapore Temasek Holding

Warchest : More than US$100 billion
Recent Stakes Purchases :

i)Merril Lynn for US$5b (Dec 2007 & Feb 2008)
ii ) Barclays Bank (July 2007)
ii) Standard Chartered