Establishing a sovereign wealth fund requires a country to have healthy revenue sources and a sound management structure, otherwise it could fail as a tool for addressing foreign capital inflows and seeking a higher rate of return on assets, says Christopher Balding of Peking University's HSBC Business School.
Dr Balding, an expert in sovereign wealth funds, said they have created a question of whether they truly serve their original mandate, for in many cases the goal of long-term investment has been sidetracked by political aims...............................................Full Article: Source
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