Sovereign Wealth Funds: Current Institutional and Operational Practices

Peter Kunzel, Cornelia Hammer and Iva Petrova

No 2008/254, IMF Working Papers from International Monetary Fund

Abstract: While SWFs as a group share broad common institutional and operational practices, these practices also differ considerably reflecting the diversity of these institutions. These differences derive from the nature of the SWF (i.e., their original intent) as well as its legal personality. Thus, while SWF practices will continue to evolve, the fundamental objectives of different types of SWFs will continue to shape their practices going forward.

Keywords: WP; swf; a number of SWFs; reserve fund; management; rule (search for similar items in EconPapers)
Pages: 22
Date: 2008-11-01
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