AsianInvesterAsianInvesterAsianInvester

East Timor’s SWF enters new era as oil revenues dwindle

Peter Brieger
With petroleum inflows nearing zero, Timor-Leste’s $18.7bn fund pivots to investment returns and regional diversification to sustain its future.
East Timor’s SWF enters new era as oil revenues dwindle

East Timor’s $18.7 billion sovereign wealth fund got its start two decades ago with seed money from oil revenue. Now, the Fund is entering a new phase as the inflows from oil are expected to temporarily cease in the next few years. As government spending continues running high, the only source to sustain the Fund’s balance is its investment returns.

Sign in to read on!
Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?
See here for more information on licences and prices, or contact [email protected]
¬ Haymarket Media Limited. All rights reserved.