Sovereign Wealth Funds in the Middle East & Asia

China Investment Corporation
Size: 1.47 trillion yuan (£100 billion)
Major investments: Blackstone $3 billion

Citic
Size: 929.2 billion yuan (£64 billion) at December 2006.
Major investments: Recently bought 6 per cent stake in Bear Stearns for $1 billion

China Development Bank
Size: 2,314 billion yuan (£150 billion) at December 2006.
Major investments: Bought 3.1 per cent in Barclays for £1.6 billion.

Temasek
Size: $108 billion (£54 billion)
Major investments: Barclays £2 billion, Standard Chartered £4.25 billion

GIC
Size: $100 billion to $330 billion (estimate)
Major investments: £4.8 billion stake in UBS

Abu Dhabi Investment Authority
Size: $875 billion
Major investment: Citigroup $7.5 billion

Dubai International Capital
Size: €6 billion (estimate)
Major investments: “Substantial stake” in HSBC.

Istithmar
Size: $8 billion (estimate)
Major investments: Standard Chartered, $1 billion

- Richard

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Permanent Link: Sovereign Wealth Funds in Asia and Middle East
Related Terms: Istithmar, Dubai International Capital, Abu Dhabi Investment Authority, GIC, Temasek, China Development Bank, Citic, China Investment Corporation
Full Article/Source: Business Times