Libyan Investment Authority

AAA

DEFINITION of 'Libyan Investment Authority'

The Libyan Investment Authority (LIA) is a government entity that manages the sovereign wealth funds of Libya. The source of the sovereign wealth fund is primarily excess oil revenues from Libyan oil reserves. According to the Sovereign Wealth Fund Institute, the Libyan Investment Authority manages approximately $70 billion in assets as of 2009.

INVESTOPEDIA EXPLAINS 'Libyan Investment Authority'

The Libyan Investment Authority was established by government decree in 2006. As a government entity, the LIA ultimately answers to the Libyan prime minister. The LIA is governed by a board of trustees that consists of a mix of government officials and Libyan banking experts.

RELATED TERMS
  1. Revenue Equalization Reserve Fund

    A sovereign wealth fund established on the Pacific island of ...
  2. Kuwait Investment Authority

    The Kuwait Investment Authority (KIA) is a government-owned corporation ...
  3. Pula Fund

    The Pula Fund is a sovereign wealth fund established in 1994 ...
  4. Sovereign Credit Rating

    The credit rating of a country or sovereign entity. Sovereign ...
  5. Central Bank

    The entity responsible for overseeing the monetary system for ...
  6. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
Related Articles
  1. Investing Basics

    Sovereign Wealth Funds - Friend Or Foe?

    With $5.86 trillion in assets as of September 2013, SWFs have a great deal of clout in financial markets. But as the majority of SWFs are located in the Middle East and Asia, whether these largely ...
  2. Fundamental Analysis

    Institutional Investors And Fundamentals: What's The Link?

    Big-money sponsorship might make a company look good, but it's not always a reliable gauge of stock quality.
  3. Mutual Funds & ETFs

    An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.
  4. Options & Futures

    Keeping An Eye On The Activities Of Insiders And Institutions

    These transactions reveal much about a stock. We go over what to consider and where to find it.
  5. Mutual Funds & ETFs

    The Pros And Cons Of Institutional Ownership

    These big players can both create and destroy value for shareholders.
  6. Investing

    What’s The Essence Of Smart Beta In Fixed Income?

    In essence, smart beta strategies seek to re-write index rules to capture factors, such as value, quality, or low volatility, in their stock portfolios.
  7. Investing

    Welcome Back, Volatility

    Volatility is likely to resurface as the Federal Reserve gets closer to adjusting its monetary policy stance, even if that adjustment is a measured affair.
  8. Investing

    How To Invest Outside Your Comfort Zone?

    Sometimes, when it comes to investing, we have to step outside of our comfort zone and use investment tools to express a market view or specific outcome.
  9. Mutual Funds & ETFs

    How To Choose The Right ETF?

    Choosing the right ETF really isn’t that complicated. If you stay focused on a few key areas, you may find the experience to be much easier.
  10. Investing

    How To Trade Foreign Stocks

    We weigh the major ways to trade foreign stocks for investors.

You May Also Like

Hot Definitions
  1. Asset Class

    A group of securities that exhibit similar characteristics, behave similarly in the marketplace, and are subject to the same ...
  2. Fiat Money

    Currency that a government has declared to be legal tender, but is not backed by a physical commodity. The value of fiat ...
  3. Interest Rate Risk

    The risk that an investment's value will change due to a change in the absolute level of interest rates, in the spread between ...
  4. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  5. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  6. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
Trading Center