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

Most sovereign wealth from energy

Posted on 14 January 2010

From Upstreamonline.com: US fund company State Street Global Advisors said today that it had identified 37 major sovereign wealth funds across the world worth $3 trillion, of which more than two-thirds came from oil and gas interests.
All of the 37 had at least $3 billion in assets and eight had more than $100 bilion, it said. SSGA said its study of the companies, many of which it does business with, showed about 70% of the wealth held by the state-sponsored funds came from oil and gas revenues. Only 13 of the 37 SWFs were not based on commodity wealth…………………………………..Full Article: Source


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