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Sovereign wealth funds

LC control no.sh2009000484
Topical headingSovereign wealth funds
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Variant(s)Funds, Sovereign wealth
SWFs (Sovereign wealth funds)
See alsoInvestment of public funds
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Found inWikipedia, Jan. 21, 2009 ("A sovereign wealth fund (SWF) is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments.")
Investopedia, Jan. 21, 2009 ("What Does Sovereign Wealth Fund - SWF Mean? Pools of money derived from a country's reserves, which are set aside for investment purposes that will benefit the country's economy and citizens. The funding for a Sovereign Wealth Fund (SWF) comes from central bank reserves that accumulate as a result of budget and trade surpluses, and even from revenue generated from the exports of natural resources. The types of acceptable investments included in each SWF vary from country to country; countries with liquidity concerns limit investments to only very liquid public debt instruments.")
LC database, Jan. 21, 2009.