Sovereign wealth funds are becoming increasingly important players in global finance from "summary" of How Finance Works by Mihir Desai
Sovereign wealth funds have emerged as significant players in the global financial landscape. These funds are established by governments to manage their country's wealth, often derived from commodities like oil and gas. As a result, they have amassed substantial assets and wield considerable influence in the financial markets. One reason for the growing importance of sovereign wealth funds is their sheer size. With trillions of dollars under management, these funds have the capacity to move markets and shape investment trends. Their deep ...Similar Posts
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