SAFE Investment Company
|China||US$ 567.9 Billion|
Transparency Rating: 4
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View Asset Allocation
Firm Investment Style: Index – Passive
Entity Structure: Company
Population Est.: 1.354 billion – 2012
Wealth Per Capita Est.: $420
The State Administration of Foreign Exchange (SAFE) is responsible for managing China’s foreign exchange reserves. SAFE has a subsidiary in Hong Kong called the SAFE Investment Company which has made purchases in foreign equity investments. The SAFE Investment Company is organized as a privately held firm; however, SAFE officials serve on its board.
Strategy & Objectives
They have made significant investments in the UK Equity Market. Some top holdings include: Royal Dutch Shell, Rio Tinto, BG Group, Tesco, BHP Billiton and Barclays. This totals around US$ 6 billion in equity investments in the FTSE 100.
These sovereign wealth enterprises are under China’s State Administration of Foreign Exchange (SAFE).
Investment Company of the People’s Republic of China (ICPRC)
This is a Singapore-based investment company which invests in fixed income.
Gingko Tree Investment Ltd
This entity is registered in the United Kingdom and invests in European real estate.
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|
|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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