29.12.2008 - Questions about SWFs
From Financialexpress.com: Globally, countries hold over $6 trillion of assets in forex reserves. These are managed either by their central banks or their sovereign wealth funds (SWFs). For example, India alone has around $250 billion in forex reserves, currently managed by RBI. However, SWFs are not one of the larger players in global financial markets. SWF asset holdings ($3.1 trillion) amount to much less than those of mutual funds, pension funds and insurance companies ($20-30 trillion) but more than the $1.9 trillion assets of hedge funds and $1 trillion of private equity groups..... Full Article: Source