financing, page-17

Here's the breakdown guys continued;

LARGEST SWF’S SWF’S $bn assets under management Country Inception year Source


Abu Dhabi Investment Council 875 UAE 1976 Commodity
Government Pension Fund of Norway 380 Norway 1990 Commodity
Government of Singapore Investment Corp. 330 Singapore 1981 Non-commodity
Saudi Arabia - various holdings 300 Saudi Arabia n/a Commodity
Kuwait Investment Authority 250 Kuwait 1953 Commodity
China Investment Corporation 200 China 2007 Non-commodity
Hong Kong Monetary Authority Invest. Portfolio 163 China 1998 Non-commodity
Temasek Holdings 159 Singapore 1974 Non-commodity
Stabilisation Fund (and National Welfare Fund) 157 Russia 2004 Commodity
Australian Future Fund 61 Australia 2004 Non-commodity
Qatar Investment Authority 50 Qatar 2000 Commodity
Libyan Arab Foreign Investment Company 50 Libya 1981 Commodity
Revenue Regulation Fund 43 Algeria 2000 Commodity
Alaska Permanent Fund 40 US 1976 Commodity
National Pensions Reserve Fund 31 Ireland 2001 Non-commodity
Brunei Investment Agency 30 Brunei 1983 Commodity
Korea Investment Corporation 30 South Korea 2005 Non-commodity
Khazanah Nasional 26 Malaysia 1993 Non-commodity
Kazakhstan National Fund 22 Kazakhstan 2000 Commodity
Alberta’s Heritage Fund 87 Canada 1976 Commodity
Others 87
Total 3,300


May 2008
They are not alone. This year has already seen the emergence of several new SWFs; Dubai launched a new multibillion-dollar SWF in March as it looks to extend its reach in globally. Unlike the existing Dubai International Capital (the investment arm of Dubai Holding), the Investment Corporation of Dubai is to be backed by state money and not just the personal wealth of the ruling Maktoum family. It recently tabled an offer to buy an 85% stake in Inmobiliaria Colonial, the Spanish property group, for about €9bn.

Now where did I see our logo....

Chalea if you please.

Xan