Date of Defense
Finance and Commercial Law
A topic that comes up repeatedly in the news is the large and rapid growth of assets held by sovereign wealth funds (SWFs) and the major concerns revolving around them; namely the lack of transparency and a fear of strategic investment motivated by political goals.A sovereign wealth fund is "a state-owned investment fund composed of financial assets such as stocks, bonds, real estate, or other financial instruments funded by foreign exchange assets"1. It is useful to explain the subtle but important differences between SWFs and the other three types of sovereign investment vehicles: official international reserves, public pension funds, and state owned enterprises.
Groesch, Sandra, "The Importance of Sovereign Wealth Funds and the Need for Greater Transparency" (2009). Honors Theses. 2112.
Honors Thesis-Campus Only