Asian/Chinese SWF and
State-run Chinese
companies spent Billions
to acquire energy assets
overseas;
CIC is particularly
active investing in
foreign assets, mostly
in energy, metals and
agricultural
commodities;
other SWF are also
diversifying their
asset base, given the
volatility of gloabl
finance markets;
Qatar, Bahrain
Singapore, Abu Dhabi
and Kazakhstan
mainly rich in oil-
generated wealth
are tapping the
private market for
more capital;
South Korea, Azer-
baijan,
Netherlands and
Saudi Arabia have
agreed to invest
$600 Million in a
World Bank
sponsored equity
fund for less
developed countries.