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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Sovereign Wealth Giant & Activist Investor Focused on Corporate Sustainability & Responsibility

Posted on 12 February 2016

Many nations have created what can be defined as a “Sovereign Wealth Fund,” which hold assets in portfolio that are supposed to benefit the entire population, and usually, future generations of the country’s citizens. The first such fund was launched in 1954 by the oil-producing nation of Kuwait. Today, the largest such “SWF” is that of Norway – officially, the Norway Government Pension Investment Fund – with “wealth” now approaching US$1 trillion in Assets Under Management.
The Fund, managed by Norges Bank, invests in literally thousands of public companies. Consider: The fund invests in 9,000 companies in 75 countries (1.3% of the world’s listed companies; 2.4% of Europe’s listed companies). The funds come from Norway’s North Sea oil royalties………………………………………..Full Article: Source


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VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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