04.09.2013 - Making the most of sovereign wealth funds
With a lack of transparency and political complications affecting the use of SWFs worldwide, itís no wonder there are wide disparities when it comes to their correct use, writes Pierre-Emmanuel Iseux, Member of the Executive Board, La Compagnie Peter Hottinger. Sovereign Wealth Funds (SWF) are government investment funds responsible for managing assets, usually with a long-term outlook. The assets under management come from many sources, but in most cases, the fundsí assets are funded by oil, gas or mining royalty income, or other trade surpluses of owner states...............................................Full Article: Source
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