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.

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.  

Post published in: Economy

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