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This geo-graphic shows the world's biggest sovereign wealth funds (i.e., state-owned investment funds), by asset value as of January. (GIC Private Limited and Temasek Holdings are both Singaporean; together they would move Singapore into the #3 position.) Norway's sovereign wealth fund, the world's largest, is derived largely from its offshore oil reserves in the North Sea. It was established in 1990 "to invest government revenues from fossil fuel industries into sectors deemed more sustainable in order to provide for a future when the country can no longer rely on its income from oil" and helps give Norwegians one of Europe's highest median disposable incomes. www.statista.com/chart/24060/the-worlds-biggest-sovereign-wealth-funds
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