Sat, Apr 19, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Oil fund to be established in independent Scotland

Posted on 09 September 2013

Scotland plans to form an oil fund from the oil revenues collected by the government. This fund will be similar to an oil fund set up by Norway in 1990, which is worth USD 450 billion and is the largest sovereign wealth fund in the world.
Many other oil funds have been created by companies with major oil and gas reserves in order to hedge against change in oil prices and to reinvest for further development of hydrocarbon resources. In recent years, new oil funds have been established. Of the thirty-six commodity based funds monitored by the Sovereign Wealth Fund Institute, twenty-three were created after 2000………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930