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SWF
(redirected from Sovereign wealth fund)

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
SWF
(Small Web Format) The file format for playing Flash animation files (Flash movies). The Flash source file, which holds the timelines and multimedia elements, uses the .FLA (Flash Authoring) extension and is published to an .SWF file for playback by the Flash media player.

Originally, SWF meant "ShockWave Flash," which was confusing because Shockwave is a different authoring package that uses the .DCR extension for playback files (see Shockwave). As a result, SWF was renamed "Small Web Format." Stand-alone Flash video files use the .FLV extension (see Flash video). See Flash.
(filename extension)swf - /S W F/ The filename extension for Adobe Shockwave Flash animated vector graphics files, common on the World-Wide Web.

A rarely used alternative expansion is "Small Web Format".


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Although the lessons of the financial crisis will lead many countries to build an even larger cushion of reserves, the desire to diversify and invest part of these means that the rise of the sovereign wealth fund will resume," Francis Small, Global Sovereign Wealth Fund Leader at Ernst & Young said in the release.
KCIC was established in 2005 with a capital of $278 million, half of which were raised by a private placement while the other half was raised by 23 founding shareholders, such as, the Kuwait Investment Authority - the Sovereign Wealth Fund of Kuwait, National Investment Company - one of the leading investment banks in the Middle East, and Al Ghanim Industries - one of the largest conglomerates in the Middle East.
5m a year as a consultant for US investment bank J P Morgan, a further pounds 2m a year to advise the financial firm Zurich, and an unknown fee to advise Mubadala, the sovereign wealth fund which invests Abu Dhabi's vast oil profits.
 
 
 
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