Change font size:   

December 2007

Sovereign wealth funds: Getting the basics right

It is one thing to want a sovereign wealth fund but to actually set one up is a long and challenging process, as countries such as Brazil are discovering. Key issues such as infrastructure, hiring people and asset allocation need to be addressed before the investing process can even be considered.




Sovereign wealth funds: The new rulers of finance

Financial institutions weigh up the opportunities
Fight on for Aussie’s future prizes
Temasek: A fund apart?

Often sovereign funds call on investment management consultants, such as Watson Wyatt and Mercer, as well as other advisory outfits, to help them. "There’s a huge need for helping sovereign funds build the infrastructure, the risk models and the asset allocation," says Afsaneh Beschloss, a former treasurer and chief investment officer at the World Bank, who is now chief executive and president of the Rock Creek Group, a firm that provides advisory services to sovereign funds as well as managing money on their behalf. "These are the areas that need the greatest consideration. The investing part is almost easier."

Getting the basics right is the secret to success, adds Beschloss, who during her time at the World Bank started a project...


You must be a Level 2 subscriber to access this archived content. 
If your subscription includes access to the archive, please log in now to view. 

To gain access to this content visit the subscription page or call our hotline on +44 (0)207 779 8999.
Subscribe online now and save up to 30% on your subscription.



Subscribe

Subscribers to Euromoney benefit from:
    
Level 1:

  • Online access to the past 12 months content
  • Tailored RSS news feeds direct to your desktop
  • News delivered directly to your mobile device or PC
  • Personalised email newsfeed of 'Top stories' and 'Breaking news'

    Level 2:

  • Exclusive access to euromoney.com - Read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 2000
  • 12 monthly issues of Euromoney magazine
  • More than 30 specialist research guides free
  • The results of Euromoney’s polls and surveys
  • Tailored RSS news feeds direct to your desktop
  • News delivered directly to your mobile device or PC
  • Personalised email newsfeed of 'Top stories' and 'Breaking news'

Click here to subscribe




Ruromoney Jobs Post a job