By far the greatest weight of global assets consists of bets on future relationships of money and assets.
Currently, over 80% of global assets – $70 tn – are invested in rich countries.
Asia-based funds account for just 8percentt of global assets under management.
Overseas fields contributed to higher output at PetroChina, which plans to spend $60 billion to increase its share of global assets in relation to domestic assets this decade.
For wealth funds this means a gigantic rebalancing of global assets.
Those players together hold about 2.5percentt of global assets.
Pimco manages over $2 trillion in global assets.
Investors stopped throwing cash at risky assets late last year, and they began bailing out of global equities by November 2007, but from early 2004 through the middle of 2007, profits generated by commodity producers inflated the prices of almost all global assets.
The sale will reduce Citigroup's assets by about $1 billion, representing about 0.05percentt of the lender's total global assets of $1.89 trillion.
Today China invests the same globally as Denmark – about 1.5% of the global asset base.
The estimated global assets of Islamic finance industry are $500.5 billion.
