No one knows for certain how much money is in the big sovereign funds controlled by governments from Beijing to Kuwait. Most estimates are $2 trillion to $3 trillion. With oil money flowing into some of these countries and a tremendous balance of trade in China's favor, the numbers are certain to rise.
Someone has to manage all of that money, and it will not all be done by the funds themselves. They will turn to money managers in Europe and the US, managers with decades of experience running large pools of capital.
