| 13.10.2010 - Chronology - Sovereign wealth funds and their developments |
| From Reuters: Sovereign wealth funds, which manage windfall revenues for future generations, are set to double their assets in less than 10 years to $7 trillion. Following is a chronology of some of the key events for sovereign wealth funds. 1953 - Kuwait Investment Authority is set up with the aim of investing surplus oil revenues to reduce the reliance of Kuwait on oil resource..............................................Full Article: Source |