The sovereign wealth fund – Concept and performanceThe hot topic of the day is the “sovereign wealth fund” (in short, SWF). A SWF is a state-owned investment fund from government money or resources. Some other notable funds include the Abu Dhabi Fund, the China Fund, the Kuwait Fund, and the Singapore Fund. A sovereign fund works within the framework of a country’s economic policy. Fourth, clear accountability procedures are important to prevent misuse of public resources and to gain public support for the fund.

Source: Philippine Star December 07, 2022 02:35 UTC