| Many Americans may not realize it, but there is a massive amount of money sitting in sovereign wealth funds. To be precise, the world's sovereign wealth funds hold almost $5.1 trillion, according to the Sovereign Wealth Fund Institute.
Not surprisingly, the primary funding source for these vehicles comes by way of oil and gas resources. For investors, how a country's sovereign wealth fund is funded is not as important as knowing that the fund exists. While it may be difficult to measure the qualitative impact of sovereign wealth funds, these vehicles can serve as a backstop for the countries that have them in times of economic tumult...............................................Full Article: Source |