14.09.2011 - Thailand: Use sovereign wealth fund wisely
The purpose of setting up a sovereign wealth fund (SWF) is to maintain stability in the value of reserves and earn better income. Diversification with the discipline of a surplus-to-requirement fund is the name of the game. The revelation of Minister Thirachai Phuvanatnaranubala's contention on a SWF is thought provoking. However, in risk management, a SWF should not invest in volatility assets like oil or assets that are already heavily imbedded in Thailand's economy like rice or agricultural related industry, because of too many eggs in one basket..............................................Full Article: Source
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