This paper explores the potential contribution of Asia’s sovereign wealth funds (SWFs) to the reform of the global foreign exchange reserve system. By diversifying the investment of Asia’s huge reserves into non-dollar denominated assets, Asian SWFs can help to dilute the dominant role of...

[eng] Defining a liability profile is arguably the most important step in designing and running any fund. However, sovereign wealth funds (SWFs) often differ from other institutional investors in the evolution of their liabilities. This paper explores the nature of different SWF liability...

[eng] Sovereign Wealth Funds : Defining Liabilities. Defining a liability profile is arguably the most important Step in designing and running any fund. However, sovereign wealth funds (SWFs) often differ from other institutional investors in the evolution of their liabilities. This paper...