Is Saudi sovereign wealth fund regulated by sec?
Saudi sovereign wealth funds are regulated by the sec. Sovereign wealth refers to the financial assets or funds established and owned by some sovereign governments for long-term investment, which mainly come from the national fiscal surplus, foreign exchange reserves, natural resources export surplus and so on. , generally managed by specialized government investment institutions. At present, the United Arab Emirates, Norway, Saudi Arabia, People's Republic of China (PRC), Kuwait, Russian Federation and Singapore are all countries with the largest sovereign wealth funds in the world.