Brunei Investment Agency

DEFINITION of 'Brunei Investment Agency'

The Brunei Investment Agency is a government-owned investment organization that manages the sovereign wealth fund for Brunei. According to the U.S. State Department, the Brunei Investment Agency has approximately $30 billion in assets under management as of 2009.

BREAKING DOWN 'Brunei Investment Agency'

The funds deposited with the Brunei Investment Agency are primarily the surplus revenues from the development of Brunei's oil reserves. The investment agency is highly secretive and little is known about its governance, holdings or investment strategy. The Brunei Ministry of Finance's website for the Brunei Investment Agency provides only its hours of operation and an email address for business inquiries.

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