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

Libya in world’s largest sovereign wealth funds

Posted on 04 March 2011

From Indiatimes.com: Libya ranks among the world’s largest sovereign wealth funds as it always had large amounts of cash to throw around because of its huge reserves of high-quality crude oil, a media report said.

Libya had created a $60 billion sovereign wealth fund after the UN lifted its economic sanctions on the country in 2003. Today, the Libyan Investment Authority (LIA) ranks among the world’s largest sovereign wealth funds, the CNN reported Wednesday……………………………………Full Article: Source


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