This paper first describes the major concerns associated with SWFs, mainly revolving around state ownership and lack of transparency. It then focuses on the National Fund for the Future of Kazakhstan (the “oil fund”, or NOF) and Samruk Kazyna (SK), the holding company for state owned...

This paper examines the investments of 19 sovereign wealth funds (SWFs) in 424 firms (both public and private) around the world from 1991 through 2010. The data indicate that SWFs, similar to other institutional investors, are less likely to invest in private equity versus public equity...

Sovereign Wealth Funds (SWFs) with combined asset under management of around $5 Trillion have emerged as major power in the financial world and have emerged as lender of last resort during the great recession of 2008. Most of the literature on these funds is focused on financial portfolio,...

On March 28, 2011, the U.K. Government took a bold step. It adopted legislation that made permanent, a temporary Debt Relief Act that limits vulture funds from being able to make massive profits from the 40 most impoverished countries debt in British courts, following a major campaign...

This article addresses the question of whether foreign sovereign wealth funds (SWFs) should serve as a model for the United States in managing the Social Security Trust Fund. The last ten years has seen a significant shift in the way countries manage public pension and social insurance reserve...

Currently, the regulation of hedge funds, private equity and sovereign wealth funds is lively debated. The activities developed by these investment vehicles on the financial markets are linked to the 2007-2009 financial crisis. While hedge funds are considered to have represented a cause of the...

Sovereign Wealth Funds (SWFs) have steadily increased their importance in the global financial system in the last decade and especially during the financial crisis period. They currently have almost $6 trillion assets under management, which is more than the assets of Private Equity and Hedge...

In a slowing global economy with diminished confidence in the long-term prospects for public financial markets, many institutional investors are looking for innovative, alternative, and often private, investment strategies to meet elevated expected return targets. One source of potential...