SAFE Investment Company
| China | US$ 567.9 Billion |
|---|---|
| Established: 1997 Transparency Rating: 4 View Sovereign Fund Transaction Data View Asset Allocation  |
Origin: Non-Commodity Firm Investment Style: Index – Passive Entity Structure: Company Population Est.: 1.354 billion – 2012 Wealth Per Capita Est.: $420 |
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Summary The State Administration of Foreign Exchange (SAFE) is responsible for managing China’s foreign exchange reserves. SAFE has a subsidiary in Hong Kong called the SAFE Investment Company which has made purchases in foreign equity investments. The Hong Kong subsidiary opened in 1997 with US$ 20 billion in capital. The SAFE Investment Company is organized as a privately held firm; however, SAFE officials serve on its board. Background |
Strategy & Objectives They have made significant investments in the UK Equity Market. Some top holdings include: Royal Dutch Shell, Rio Tinto, BG Group, Tesco, BHP Billiton and Barclays. This totals around US$ 6 billion in equity investments in the FTSE 100. Governance |
These sovereign wealth enterprises are under China’s State Administration of Foreign Exchange (SAFE).
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Beryl Datura Investment Limited
Incorporated in the British Virgin Islands, this sovereign wealth enterprise makes infrastructure investments.
Estimating the Size
| End of Year | 2005 | 2004 | 2007 | 2008 | 2009 | 2010 |
|---|---|---|---|---|---|---|
| Direct investment abroad (1) | 645 | 906 | 1160 | 1857 | 2458 | 3108 |
| Portfolio investment (2) | 1167 | 2652 | 2846 | 2525 | 2428 | 2571 | Equity securities | 0 | 15 | 196 | 214 | 546 | 630 |
| Debt securities | 1167 | 2637 | 2650 | 2311 | 1882 | 1941 |
| Total (Rows 1 + 2) | 1812 | 3558 | 4006 | 4382 | 4886 | 5679 |
Updated July 20, 2011 – USD Millions – Source: SAFE
Major Direct Foreign Investments (Public)
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