ThE AcTIvITY Of ThE SOvEREIgN WEAlTh fUNDS IN ThE lIghT Of ThE SUbpRIME MORTgAgE cRISIS
DOI:
https://doi.org/10.12775/TIS.2010.002Abstract
Sovereign wealth funds (SWFs) have developed as a result of increased commodity pricesand the weakness of US dollar exchange rate. Today the role of SWFs as equity investors
is increasing. The paper considers the Sovereign wealth funds’ investment strategy toward equities and capital infusions into global financial institutions following the subprime mortgage problem. This article attempts to situate and explain some of the controversy over
SWFs’ investments in the increasing global trend toward direct governmental involvement
in corporate activity and try to asses which kinds of action should be undertaken to reach
a compromise among the maintaining states’ sovereignty and the liberty of SWFs’ capitals
transfers.
References
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