| With 45 per cent of global oil reserves holdings, it’s not a surprise that the GCC retains a major chunk of the SWF pool, and three of its funds feature in the Top 10 SWF List. Yet, Qatar is prominently absent from this coveted ranking, while China is overtly present.
Sovereign wealth funds (SWFs), in simplistic terms, are investment vehicles that deploy a nation’s excess savings into assets around the world with the aim to augment national wealth. Therefore, countries with low debt, capital account surpluses and high oil or currency reserves typically tend to have huge SWFs...............................................Full Article: Source
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