Sovereign Wealth Funds

ISBN-13: 9781606923191 / Angielski / Twarda / 2009 / 368 str.

Thomas N Carson;William P Litmann

Opis

Sovereign wealth funds (SWFs) are investment funds owned and managed by national governments. Such funds currently manage between $1.9 and $2.9 trillion and are expected to grow to over $12 trillion by 2015. This is due to the rapid growth of commodity prices and large trade surpluses in several emerging market economies.