Around the world, who are the largest asset owners? Generally, the large ones are Pension Funds, Sovereign Wealth Funds, OCIOs (Outsourced Chief Investment Office), University Endowments, Charitable Foundations. The top 100 Funds/Asset owners have USD 23.4 trillion under management. For quick context, global wealth is ~ USD 454 trillion. And global GDP is USD 96
A few threads for macro context: Global Wealth: Thread Pension Assets/ Australia: Thread Top 10 stock exchanges: Thread Sovereign Wealth Funds: Thread Sustainable Development Goals: Thread 1 (Goals 1 -10), Thread 2 (Goals 11-17) Top few economies: Top few African economies: Thread Top few South American economies: Thread Top few European economies: Thread Top few Asian economies: Thread
“Oil is a natural resource formed by the decay of organic matter over millions of years. And like many other natural resources, oil cannot be produced, only extracted where it already exists. Unlike every other natural resource, oil is the lifeblood of the global economy. The world derives over a third of its total energy
Political leaders have so frequently cried wolf over budgetary spending that voters are skeptical about talk of budgetary crises. This is unfortunate, since deficits should arouse genuine concern, particularly as their size in some industrial countries is daunting. Yet, the absolute size of deficits is not their most alarming aspect. Rather, the persistence of budgetary
News gets old quickly. And yearly wraps can go out of fashion even as January draws to close. But sharing two such links here – notes I read recently which respectively sum up 2018, and neatly list the major events to watch out for in 2019. Both together can be read as a reflection on
A few awesome things I came across this week. Worth sharing, and keeping. This article on two friends at Google. Loved it for many reasons, but mainly for the positive energy. In this world, where so many of the people are tied up in random jobs doing mindless stuff, good to hear about people solving
