Sovereign Wealth Fund is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals and other financial instruments. Sovereign Wealth Funds are typically controlled by hydrocarbon-rich countries like Russia or Gulf nations with huge petro-dollar surpluses from record high oil prices. Â
Post published in: Economy
13.11.2008
14:13
Sovereign Wealth Funds to dominate New World Financial Order
Sovereign wealth funds are set to dominate Global financial markets in the wake of the credit crunch induced by the sub-prime mortgage crisis.