STOCK MARKET WATCH -- Monday, 15 July 2013

[Demeter]

8. Map Of Every SWF In The World Reveals Trusts In Our Own Backyard We Didn't Know Existed

http://www.businessinsider.com/sovereign-wealth-fund-map-2013-7#ixzz2Z487PFwt

Lots of countries have so much oil and gas wealth that they don't know to do with it.

Some U.S. states do too.

So they put it into a sovereign wealth fund — basically a giant, actively-managed investment portfolio.

Here's a map of every sovereign wealth fund in the world, via the Sovereign Wealth Fund Institute (red=oil and gas, blue=not, although we think there's some overlap).



Here is what stood out to us:

Most people know about Alaska's oil fund. But did you know Alabama, Louisiana, New Mexico, North Dakota, Texas and Wyoming also have SWFs? New Mexico's is valued at $16.3, larger than Chile's Social and Economic Stabilization fund. Most of these are from oil and gas royalties, although some, like New Mexico, have quirkier origins like a massive tobacco company settlement.
Norway's fund, worth $737 billion and the world's largest, is larger than every fund in Africa and Europe (including Russia's two funds worth $187 billion) combined.
The tiny island of Kiribati, a few hundred miles south of Hawaii, has its own fund (it's worth $600 million).

But you gotta see the whole interactive thing to learn more: http://www.swfinstitute.org/sovereignwealthmap.html