Assets under management: US$250m²
 Established: 2013
 Headquarters: Mongolia
 Origin: Mining royalties (copper and gold)
 Website: http://www.pmis.gov.mn 




Human Development Fund

Fund details

Source of funds
Initial capital will be drawn from Ivanhoe Mines Ltd.'s $4 billion Oyu Tolgoi copper- gold mine project, estimated to generate $30 billion in tax revenue over 50 years¹.


References
1. Mongolia Fund to Manage $30 Billion Mining Jackpot, Bloomberg, 11.09.2009
2. MP explains what the Human Development Fund is all about , Mongoliana, 16.11.2009
3. Mongolia Approves Sovereign Wealth Fund, The UB Post, 20.11.2009


Last Updated: 20.11.2009

Bookmark


Back to Sovereign Wealth Funds details