Sunday, December 28, 2008

Soveriegn Wealth Funds...what if a full scale backlash? Where are they?

What would a full-scale backlash against SWFs mean for my investments, both here and overseas?

List of funds:

# Algeria - Revenue Regulation Fund
# Angola - SWF Presumed
# Australian Future Fund
# Azerbaijan - State Oil Fund
# Bahrain - Mumtalakat Holding Company
# Botswana - Pula Fund
# Brazil - SWF presumed
# Brunei Investment Agency
# Canada - Alberta's Heritage Fund
# Chile - Pension Reserve and Social and Economic Stabilization Fund
# China-Africa Development Fund
# China Investment Corporation
# China - National Social Security Fund
# China - SAFE Investment Company
# Hong Kong Monetary Authority Investment Portfolio
# India - SWF presumed
# Iran - Oil Stabilisation Fund
# Ireland - National Pensions Reserve Fund
# Japan - SWF presumed
# Kazakhstan National Fund
# Kiribati - Revenue Equalization Reserve Fund
# Korea Investment Corporation
# Kuwait Investment Authority
# Libyan Investment Authority
# Malaysia - Khazanah Nasional
# Mauritania - National Fund for Hydrocarbon Reserves
# New Zealand Superannuation Fund
# Nigeria - Excess Crude Account
# Norway - Government Pension Fund – Global
# Oman - State General Reserve Fund
# Qatar Investment Authority
# Russia - National Welfare Fund
# Saudi Arabia - Public Investment Fund
# Saudi Arabia - SAMA Foreign Holdings
# Singapore - Government of Singapore Investment Corporation
# Singapore - Temasek Holdings
# Thailand - SWF presumed
# Timor-Leste Petroleum Fund
# Trinidad and Tobago - Heritage and Stabilization Fund
# UAE - Abu Dhabi Investment Authority
# UAE - Emirates Investment Authority
# UAE - Investment Corporation of Dubai
# UAE - Mubadala Development Company
# UAE - RAK Investment Authority
# USA - Alaska Permanent Fund
# USA - Alabama Trust Fund
# USA - New Mexico State Investment Office Trust
# USA - Permanent Wyoming Mineral Trust Fund
# Venezuela - FIEM
# Vietnam - State Capital Investment Corporation

1 comment:

bo said...

MUBADALA

Abu Dhabi's Sovereign Wealth Funds seem to be constantly in the news. Mubadala is an investment and development arm (i.e. Sovereign Wealth Fund) of the Government of Abu Dhabi that has made headlines with its announcement that it will set up an $8 billion joint venture firm with U.S. company General Electric (GE). But GE is only the tip of the iceberg of the gigantic Mubadala investment portfolio.

Mubadala was started by the Government of Abu Dhabi to establish new companies and to acquire strategic holdings in existing companies, either in the UAE or abroad, with special focus on generating sustainable economic benefits for Abu Dhabi through a careful selection of business ventures in partnership with local, regional and international investors. Mubadala invests in a wide range of strategic sectors including energy, utilities, real estate, public-private partnerships, basic industries and services so as to diversify and further develop the rapidly growing economy of Abu Dhabi, while achieving superior returns on its investments.

The Officers of Mubadala are:

- HH Sheikh Mohammed bin Zayed Al Nahyan, Chairman

- Mohamed Ahmed Al Bowardi, Vice Chairman

- Khaldoon Khalifa Al Mubarak, CEO

- Carlos Obeid CFO

- Waleed Al Mokarrab Al Muhairi, COO

I will now give you a complete list of the Mubadala investments. Mubadala either owns all or part of these companies.

THE MUBADALA PORTFOLIO OF INVESTMENTS

> Abu Dhabi Aircraft Technologies / UAE

> Abu Dhabi Future Energy Company / UAE

> Abu Dhabi Knee and Sports Medicine Center / UAE

> Al Hikma Development Company / UAE

> Al Taif Technical Services / UAE

> Al Yah Satellite Communications Company (Yahsat) / UAE

> Horizon International Flight Academy / UAE

> Liwa Energy / UAE

> Pearl Energy / Singapore

> Abu Dhabi UAV Investment Company / UAE

> Injazat Data Systems / UAE

> Capitala / UAE

> Dolphin Energy Limited / UAE

> Leaseplan Emirates / UAE

> Abu Dhabi Terminals / UAE

> Emirates Aluminum Company Limited / UAE

> PF Emirates / UAE

> Abu Dhabi Ship Building Company / UAE

> SR Technics / Switzerland

> Agility Abu Dhabi Company / UAE

> Piaggio Aero Industries / Italy

> Emirates Ship Investment Company / UAE

> Etisalat Nigeria / Nigeria

> Tanqia / UAE

> Al Rusail Power Company / Oman

> Leaseplan Corporation / Netherlands

> Shariket Kahraba Hadjret En Nouss Spa / Algeria

> Emirates Integrated Telecommunications Company / UAE

> Algerian Utilities International / Algeria

> Dunia Finance / UAE

> Mubadala Real Estate and Hospitality / UAE

> Spyker Cars / Netherlands

> Block 54 Oman / Oman

> Waha Capital / UAE

> Libya Exploration / Libya

> Guinea Alumina Corporation / Guinea

> Advanced Micro Devices / UAE

> AMD / United States

> GE / United States

> National Central Cooling Company / UAE

> TVK Shipyard / Turkey

> The Carlyle Group (via The Carlyle European Leveraged Finance Group) / UAE

> Ferrari / Italy

> ALDAR Properties / UAE

> Cleveland Clinic Abu Dhabi / UAE

> MGM Grand Abu Dhabi / UAE

> UAE University Project Power Plant / UAE

> Dolphin Gas Project / Qatar

> Hadjret En-Nous Independent Power Project / Algeria

> Mukhaiznah Oil Field Project / Oman

> Oil Exploration Project / Oman

> Oil Exploration Project / Libya

> Abu Dhabi Financial Center Project / UAE

> Integrated International City / Malaysia

> Mubadala Capital Land Real Estate Company / UAE

> Sangaredi Refinery Project / Guinea

> Sowwah Square (on Sowwah Island) / UAE

This link takes you to the Mubadala website:

www.mubadala.ae