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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Market

Counsel corner: Tax/sovereign wealth fund

Posted on 24 November 2011

Sovereign wealth fund is a pool of money derived from a country’s reserves, which is set aside for investment purposes that will benefit the country ‘s economy and citizens . The funding for a sovereign wealth fund SWF comes from the central bank reserves that accumulate as a result of budget and trade surpluses , and even from revenue generation from export of natural resources.
Today the sovereign wealth funds are avenue for nation that operate them to attract investment into their countries………………………………………..Full Article: Source


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