RISE OF THE FIDUCIARY STATE: A SURVEY OF SOVEREIGN WEALTH FUND RESEARCH

We survey the literature documenting the rise of sovereign wealth funds (SWFs), which, with assets under management of over $5.4 trillion at year‐end 2014, are a major force in global finance. Research papers have analyzed the evolution of SWFs from stabilization funds to stand‐alone wealth manageme...

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Veröffentlicht in:	Journal of economic surveys 2015-09, Vol.29 (4), p.733-778
Hauptverfasser:	Megginson, William L., Fotak, Veljko
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic analysis Economic performance Economic surveys Economic theory Empirical research Global economy Government policy and regulation International International finance International financial markets Investments Manycountries Sovereign wealth funds Stock exchange Studies Wealth Wealth management
Online-Zugang:	Volltext
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