Kazakhstan National Fund
| Kazakhstan | US$ 61.8 Billion |
|---|---|
| Established: 2000 Transparency Rating: 8 |
Origin: Oil, gas, metals Firm Investment Style: N/A Entity Structure: Fund |
Summary:
The National Fund of the Republic of Kazakhstan was created in August 2000 as a stabilization fund that ensures the economy of the Republic of Kazakhstan will be stable against the price swings of oil, gas, and metals. It was also created as a future fund to ensure stable social and economic development of the country. The assets of the National Fund assets are monitored by the National Bank of the Republic of Kazakhstan. The bank develops the investment strategies and selects the external managers for a portion of the fund’s assets.
