The vast current account surpluses of commodity-rich nations, combined with record current account deficits in developed markets (US, Britain), have created a new type of investor. Sovereign wealth ...
The vast current account surpluses of commodity-rich nations, combined with record current account deficits in developed markets (US, Britain), have created a new type of investor. Sovereign wealth funds (SWFs) are instrumental in deciding how these surpluses will be invested. A revisited version of this paper was published in Financial Markets and Portfolio Management, Vol. 23, 2009, Nº 3.
Type : | Working paper |
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Date : | 04/11/2009 |
Keywords : |
Sovereign Wealth Funds |