SWF

There has been a global proliferation of SWFs. Roughly half of the funds came into being during the past eight years; three quarters have been in existence since 2000. A further 22 jurisdictions are considering launching their own SWFs. Additionally, since 2002 assets under management of this group of institutional investors have been growing at an unprecedented rate — more than 15 percent a year — and this upward trend doesn’t look set to end, with assets forecast to grow from $7.1 trillion to $10 trillion by 2020. 

Source: Institutional Investor