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A sovereign wealth fund (SWF) is a fund owned by a state (or a political subdivision of a federal state) composed of financial assets such as stocks, bonds, property or other financial instruments. Sovereign wealth funds are entities that manage the national savings for the purposes of investment.
Rank State Fund Assets Origin Value (in billions) As of Ref. 1 Alaska: Alaska Permanent Fund: 74.455 December 2022 [3] Petroleum: 2 Texas: Permanent School Fund: 55.624 August 2022 [4] Commodity / petroleum: 3 Permanent University Fund: 31.763 August 2022 [5] 4 New Mexico: New Mexico State Investment Council Permanent Funds 31.000 December 2020 ...
(Bloomberg Opinion) -- Hot off the presses, an analysis by Norway’s sovereign wealth fund of its experience hiring external portfolio managers over the past two decades or so is a useful guide ...
The term "sovereign wealth fund" was first used in 2005 by Andrew Rozanov in an article entitled, "Who holds the wealth of nations?" in the Central Banking Journal. [1] The previous edition of the journal described the shift from traditional reserve management to sovereign wealth management; subsequently the term gained widespread use as the spending power of global officialdom has rocketed ...
President Donald Trump on Monday made good on a campaign promise by signing an executive order to establish the first-ever U.S. sovereign wealth fund. He then said that the fund could be used to ...
Estimates vary, but sovereign wealth funds have grown to be enormously influential in the two decades since — from a couple dozen funds worth roughly $1 trillion in assets to a couple hundred ...
It is among the largest sovereign wealth funds in the world with total estimated assets of US$930 billion (£718.2 billion). [2] It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia. [3] The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015 ...
List of sovereign states by financial assets. ... and regions by global financial assets, ... upon the Allianz Global Wealth Report 2010, 2011, 2012 ...
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