SAFE Investment Company

China US$ 547 Billion Origin: Non-Commodity

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 1997
Transparency Rating: 4
View Sovereign Fund Transaction Data
Firm Investment Style: Index – Passive
Entity Structure: Company
Population Est.: 1.354 billion – 2012
Wealth Per Capita Est.: $420

Fund Details

Strategy & Objectives

SWF Asset Allocation

Direct Investments

Fixed Income Managers

Equity Managers

Alternative Managers

Key Executives and People


Main Office

Huarong Plaza
No. 18 in Fucheng Road
Haidian District
Beijing, 100048
China
Tel: +86 (10) 6840 2265

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Governance

The entity operates under China’s State Administration of Foreign Exchange.

SAFE Investment Company

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 on SAFE Investment Company

The government of China created the State Administration of Foreign Exchange (SAFE) in 1955. It is a subsidiary of the People’s Bank of China. The SAFE Investment Center runs the SAFE Investment Company along with other investment entities

The investment company was created as an alternative avenue to manage China’s foreign exchange reserves.

China – Total Reserves including Gold

Source: Government of China – Billions USD, Annual Series

Sovereign Wealth Enterprises

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