The authors discuss a number of issues related to the rise of sovereign wealth funds (SWFs) and state-owned enterprises (SOEs) in the world FDI market. More specifically, they review the type of sovereign FDI vehicles, identify the principal concerns related to them (focusing on national...

This paper presents a framework for portfolio optimization that makes three departures from the traditional mean-variance approach. First, we optimize the portfolio over multiple horizons, reflecting the belief that long-term investors care about intertemporal gains and losses, as well as...

Purpose The purpose of this paper is to propose a model of the Islamic sovereign wealth funds (ISWFs) based on Islamic finance principles to modify the precarious image of SWFs from Muslim countries. The Shariah laws are the cardinal direction for this study. Design/methodology/approach The...