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Sovereign Wealth Funds Briefing - Categorized | Financials

Time for SWFs to bring the money back home

Posted on 26 November 2014

The world’s sovereign wealth funds (SWFs) are similar. They have billions, made either through the exploitation of a natural resource they were fortunate enough to find within their national boundaries (like most Middle East SWFs), or though the sheer hard work of the people of their sovereign territory (like the SWFs of China and Singapore).
It’s important to note, though, that the SWFs are not identical to the billionaires referred to above. They are not, initially at least, the wealth creators like Branson or Gates. That role is played by the governments and policymakers of the sovereign countries involved, which displayed the foresight, vision and sheer hard work to amass the funds in the first place………………………………..Full Article: Source


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This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


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