Sun, Aug 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SWF Institute rankings: total sovereign wealth funds' assets amount to $5,473bn

Thursday, June 13, 2013

Benedicte Gravrand, Opalesque Geneva: - According to the SWF Institute's latest Sovereign Wealth Fund Rankings, the total amount of sovereign wealth funds' asset under management is now $5,473bn, to which oil and gas related revenues contributed $3,193bn.

The rankings show Norway’s Government Pension Fund on top of the list, with $737bn in asset under management (AuM). The fund gets its capital mainly from oil revenues, and it scores 10 points out of 10 in the Linaburg-Maduell Transparency Index.

It is followed by the Abu Dhabi Investment Authority’s fund ($627bn in AuM, origin: oil, and index: 5 points); China’s SAFE Investment Company (around $567bn in AuM, origin: non-commodity, index: 4); Saudi Arabia’s SAMA Foreign Holdings ($532bn, origin: oil, index: 4 points); and the Kuwait Investment Authority fund ($342bn, origin: oil, index: 7 points).

At the end of 2010, 58% of SWFs’ funding came from oil and gas related revenues. Asia had the greatest amount of SWFs, namely 40%, followed by the Middle East with 35% and Europe with 17%. The Americas and Africa only had each 3% of the share.

Assets to increase further According to SWF Institute, AuM increased from $3,265bn in the 3rd quarter of 2007 to $5,473bn in the 2nd quarter of 2013, with a dip in the 1st and 2nd quarters of 2009. Assets broke the $5tln threshold in June 2012.

The SWF Institute notes that factors su......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Opalesque Exclusive: Credit-focused hedge fund Numen Capital expects more volatility in Europe in coming months[more]

    Benedicte Gravrand, Opalesque Geneva: A London-based hedge fund, which has just hired two emerging managers, is cautious on Europe. Vassilis Paschopoulos and former Lehman’s colleague Nikos Kargadouris, launched a London-based credit-focused hedge fund called

  5. Performance - Hedge funds bruised by stocks’ meltdown, Capstone’s volatility hedge fund is having a monster month thanks to market mayhem[more]

    Hedge funds bruised by stocks’ meltdown From WSJ.com: Hedge-fund managers like to promise their investors protection from market swings. In the recent stock swoon, many were caught off guard. Billionaire managers such as Leon Cooperman, Raymond Dalio and Daniel Loeb are deeply in the red

 

banner