[4] The Crown Agents previously managed the funds on behalf of the government of Brunei until 18 July 1983, when BIA assumed responsibility.

Over time, BIA evolved from managing cash deposits to directly overseeing substantial investments in bonds, stocks, and real estate in major international markets.

[5] The objective defined under the Act is to hold and manage the General Reserve Fund of the government and all its external assets.

[6] Some major foreign assets of BIA include the Dorchester Collection, a portfolio of luxury hotels established in 1996; a 10% holding in the Paterson Securities of Australia, and Bahagia Investment Corporation (Malaysia), dealing with real estate.

[9] BIA also has a 10% holding in the Paterson Securities of Australia, and Bahagia Investment Corporation of Malaysia, dealing with real estate.