Overseas investments account for 10 to 15 percent of the fund's overall assets.

In fact, academic studies show that currency swings have little impact on performance when overseas investments account for less than 10 percent of a portfolio.

While traditional life-insurance policies are still popular, sophisticated investments account for a growing portion of the business.

Less than two years ago, such investments accounted for less than 5 percent of the fund's portfolio.

An investment in capacity development must design and account for impact at these multiple levels.

Those 12 investments accounted for 80 percent of the increase in spending last year.

These investments now account for about half of the $22 billion in private investments on the island, according to the study, which was released Thursday.

The oil companies' investments account for the largest amount of foreign exchange in the country.

Financial services and investments account for more of residents' income than tourism and white-collar jobs combined.

Japanese investments account for 20 percent of the fund's portfolio, while Britain ranks second with 18 percent.