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Sovereign Wealth Funds Briefing - Categorized | Financials, Market, Performance

Wealth gets wealthier

Posted on 16 June 2011

Up to five trillion pounds - five thousand thousand million, with 12 zeros - is now swilling around the world on the books of sovereign wealth funds. It’s an unimaginably large sum, but it could easily get very much bigger.
That’s according to research at Edinburgh University business school, set out at a seminar on the impact of these vast government-controlled assets. Gavin Kretzschmar, an expert in the sector, has looked at those governments that run their own oil and gas corporations, which is the sector behind most sovereign wealth……………………………………….Full Article: Source


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