Abstract
The Palgrave Handbook of Sovereign Wealth Funds aims to provide a comprehensive analysis of SWFs from a multidimensional perspective. It spans the gamut from theoretical to practical while offering the right balance of detailed and user-friendly coverage. Discussion of relevant research permeates the handbook. This volume helps fill the gap by showing how SWFs are a growing and dynamic force in international finance. This chapter discusses the book’s distinguishing features, intended audience, and structure. It provides an overview of each section and chapter.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Baker, Sophie. 2023. Sovereign Wealth Funds More Committed to Fighting Climate Change Survey Finds. Pensions and Investments. March. https://www.pionline.com/esg/sovereign-wealth-funds-more-committed-fighting-climate-change-survey-says.
Bortolotti, Bernardo, Veljko Fotak, and William L. Megginson. 2015. The Rise of Sovereign Wealth Funds: Definition, Organization, and Governance. In Public Private Partnerships for Infrastructure and Business Development, eds. Stefano Caselli, Guido Corbetta, and Veronica Vecchi, 295−318. New York: Palgrave Macmillan. https://doi.org/10.1057/9781137541482_16.
Bradford, Hazel. 2023. Sovereign Fund Assets Dip in 2022, But Investments Keep Growing—Report. Pensions and Investments. January 4. https://www.pionline.com/sovereign-wealth-funds/sovereign-fund-assets-dip-2022-investments-keep-growing-report#:~:text=Total%20state%2Downed%20fund%20investments,and%20less%20venture%20capital%20activity.
Capapé, Javier. 2015. The Kings of the King of Sports: Sovereign Wealth Funds and Football. Sovereign Wealth Funds 2015, 96−106. https://sites.tufts.edu/sovereignet/files/2017/08/SWFs-and-Football.pdf.
Capapé, Javier, and Paul Rose. 2021. Technology, Venture Capital, and SWFs: The Role of the Government in Forging Innovation and Change. IE Sovereign Wealth Lab—2019 Annual Report. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3566039.
Castelli, Massimiliano. 2019. Opportunities and Challenges for Sovereign Wealth Funds. USB Global Sovereign Markets. April 2. https://www.ubs.com/global/en/asset-management/global-sovereign-markets/sovereign-investment-circle/event-highlights/2019/opportunities-and-challenges.html.
Daga, Anshuman. 2020. Singapore Airlines Receives $13 Billion Rescue Package Amid Corona Virus Shock. Reuters. March 26. https://www.reuters.com/article/us-health-coronavirus-singapore-air-tema/singapore-airlines-obtains-13-billion-rescue-package-amid-coronavirus-shock-idUSKBN21D3AE.
Doyle, Jordan, and Urav Soni. 2022. How Do Cryptocurrencies Correlate with Traditional Asset Classes? CFA Institute. November 16. https://blogs.cfainstitute.org/investor/2022/11/16/how-do-cryptocurrencies-correlate-with-traditional-asset-classes/.
Fisher, Joe. 2023. SpaceX Sends 56 Satellites into Low Earth Orbit. UPI. March 28. https://www.upi.com/Science_News/2023/03/29/spacex-starlink-56-satellite-launch/9921680126019/.
Gbadebo-Smith, Orinola. 2017. The Wealth of Nations: Investment Strategies of Sovereign Wealth Funds. Toptal. https://www.toptal.com/finance/market-research-analysts/sovereign-wealth-funds.
Goff, Adam, and Jon Eggins. 2021. Total Portfolio Management: Russell Investments Approach to Combining Active, Passive and Everything In Between. Russell Investments. June. https://russellinvestments.com/-/media/files/us/insights/institutions/equities/total-portfolio-management.pdf?la=en.
Holter, Mikael, and Bloomberg. 2020. Oil-Rich Norway Will Withdraw a Record $37 Billion from Wealth Fund as Covid19 Batters Economy. Fortune. May 12. https://fortune.com/2020/05/12/norway-oil-sovereign-wealth-fund-coronavirus-bailout/.
Joffe, Marc. 2021. Houston Fire Fighter Pension Fund Makes a Bold Move into Cryptocurrency Investing: Reason Foundation. December 2. https://reason.org/commentary/houston-firefighter-pension-plan-makes-a-bold-move-into-cryptocurrency-investing/#:~:text=The%20Houston%20Firefighters'%20Relief%20%26%20Retirement,invested%20%2425%20million%20in%20cryptocurrency.&text=In%20October%2C%20the%20Houston%20Firefighters,announce%20an%20investment%20in%20cryptocurrencies.
Kearney. 2023. Almighty or Controversial: How Sovereign Wealth Funds Are Rapidly Changing the World of Global Finance. Kearney. March 20. https://www.kearney.com/private-equity/article/-/insights/almighty-or-controversial-how-swfs-are-rapidly-changing-the-world-of-global-finance
Kurtin, Owen D. 2008. Sovereign Funds and the Space Business. Via Satellite. March 1. https://www.satellitetoday.com/uncategorized/2008/03/01/sovereign-funds-and-the-space-business/.
Lipsky, John. 2008. Sovereign Wealth Funds: Their Role and Significance—A Speech by John Lipsky. First Deputy Managing Director, International Monetary Fund. September 3. https://www.imf.org/en/News/Articles/2015/09/28/04/53/sp090308.
Lopez, Diego. 2022a. Foreign Investors and the Crypto Crisis. Global SWF. July 28, https://globalswf.com/news/focus-sovereign-investors-and-the-crypto-crisis.
Lopez, Diego. 2022b. 2022 Annual Report: State Owned Investors 3.0. Global SWF. January 1. https://globalswf.com/reports/2022annual.
Lopez, Diego. 2023. 2023 Annual Report: SOIs in a Multipolar World. Global SWF. January 1. https://globalswf.com/reports/2023annual.
Nikolova, Milena. 2016. Two Solutions to Challenges of Population Aging. Brookings. May 2. https://www.brookings.edu/blog/up-front/2016/05/02/two-solutions-to-the-challenges-of-population-aging/#:~:text=Population%20aging%20will%20likely%20lead,age%20to%20old%2Dage%20individuals.
Oxford Business Group. 2020. Covid19 Economic Impact Assessment. https://oxfordbusinessgroup.com/articles-interviews/covid-19-and-sovereign-wealth-funds-what-does-the-future-hold.
Quiroz-Gutierrez, Marco. 2022. Billionaire “Shark Tank” Star Mark Cuban Sued for Promoting Crypto Platform Voyager Digital. Fortune Crypto. August 11. https://fortune.com/crypto/2022/08/11/mark-cuban-sued-voyager-digital-crypto-web3/.
Schultz, Clark. 2023. New SpaceX Funding Round May Include Saudi Arabia Sovereign Wealth Fund. Seeking Alpha. March 23. https://seekingalpha.com/news/3950348-new-spacex-funding-round-may-include-saudi-arabia-sovereign-wealth-fund.
SEC Press Release. 2022. SEC Charges Kim Kardashian for Unlawfully Touting Crypto Security. U.S. Securities and Exchange Commission. October 3. https://www.sec.gov/news/press-release/2022-183.
Sim, Josh. 2022. NBA Opens Up Team Investment to Pension and Sovereign Wealth Funds. SportsPro Media. December 2 https://www.sportspromedia.com/news/nba-team-investment-pension-sovereign-wealth-funds/?zephr_sso_ott=r1rwMIl.
Skey, Michael. 2022. Media Headline or Analytic Concept? International Review for the Sociology of Sport 8 (2):173–188. https://doi.org/10.1177/10126902221136086.
Sovereign Wealth Fund Institute. 2021. Sovereign Funds and Pension Fund Capital Invests in FTX Trading Company. SWFI. October 21. https://www.swfinstitute.org/news/89002/sovereign-funds-and-pension-fund-capital-invests-in-ftx-trading-company.
Sovereign Wealth Fund Institute. 2022. Playing a Role in the Green Energy Transition, Sovereign Wealth Funds and Public Pensions Surge in Renewable Investments. SWFI. October 26. https://www.swfinstitute.org/news/94581/playing-a-role-in-the-green-energy-transition-sovereign-wealth-funds-and-public-pensions-surge-in-renewable-investments.
Sports Business Journal. 2022. NBA Widens Pool for Investments with Sovereign Wealth Move. SBJ. December 2. https://www.sportsbusinessjournal.com/Daily/Issues/2022/12/02/Leagues-and-Governing-Bodies/nba-investments-sovereign-wealth-funds.aspx.
Temasek Newsroom. 2022. Letter to the Business Times: Temasek’s Interests Aligned with Those of Sembcorp Marine Shareholders. Temasek. August 29. https://www.temasek.com.sg/en/news-and-resources/news-room/statements/2022/btletter-onproposedcombination.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Preece, D. (2024). The Future of Sovereign Wealth Funds: Challenges and Opportunities. In: Baker, H.K., Harris, J.H., Nakshbendi, G. (eds) The Palgrave Handbook of Sovereign Wealth Funds. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-50821-9_33
Download citation
DOI: https://doi.org/10.1007/978-3-031-50821-9_33
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-031-50820-2
Online ISBN: 978-3-031-50821-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)