Research shows profit, not politics, drives sovereign wealth fund

Tuesday, February 2, 2010 - 09:07 in Mathematics & Economics

Investment funds owned by national governments - known as 'sovereign wealth funds' - now wield trillions of dollars in investment power globally, raising concerns that the funds could be used for political purposes and leading to calls for limits on where these funds can invest. But new research from North Carolina State University indicates that such concerns may not be warranted, and that one of the largest sovereign wealth funds has been driven by profit, rather than political considerations...

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