In this comprehensive look at Sovereign Wealth Funds (SWFs)--state investment vehicles based on balance of payment surpluses--the authors explain how SWFs impact the world and the balance of economic power.A Complete Guide to State-owned Investment Funds Alberto Quadrio Curzio, Valeria Miceli ... In the financial sector KIA holds 6% of Citigroupa#39;s shares, 4.8% of Merrill Lynch, 4% of Visa Group, 54% of Arab Insurance Group, ... were well over 10% in previous years, in 2008 estimated losses reduced its asset value by about US$40 billion or 20%. ... to the weakening of investorsa#39; confidence and the plunge in the oil price, with the Kuwait Stock Exchange losing 40% in less than one year.
|Title||:||Sovereign Wealth Funds|
|Author||:||Alberto Quadrio Curzio, Valeria Miceli|
|Publisher||:||Harriman House Limited - 2010|