| In 2012, the world’s top 36 sovereign wealth funds totaled nearly $5 trillion. Oil- and gas-related SWFs comprised the majority of the overall dollar amount, at 57.3%. With 40.5% of the total pie, Asia was the region with the largest share, followed by the Middle East with 35.6%.
The first-ever SWF was the Kuwait Investment Authority, created in 1953 from oil revenues before Kuwait even gained independence from the United Kingdom; that fund is now worth nearly $300 billion. Since 2000, the number of sovereign wealth funds has increased dramatically...............................................Full Article: Source |