Posts Tagged ‘saudi arabian’
Sovereign Wealth Funds
Thursday, October 8, 2009 12:15 No CommentsDefining which funds are sovereign wealth funds (SWF) is tricky at best. A relatively strict definition is employed by Monitor Group, which defines SWF’s as investment funds that:
1. Are owned directly by a sovereign government.
2. Are managed independently of other state financial institutions.
3. Do not have predominant explicit pension obligations.
4. Invest in a diverse set [...]