What exactly are sovereign wealth funds and what do they do?
For starters, they are collectively a pool of capital estimated to be somewhere between about three and a half trillion to nearly seven trillion dollars. As state institutions, funded with commodity revenue or cash from the sale of state assets, sovereign wealth funds are shrouded in mystery. But that huge and growing pool of assets makes them big players in the world of money management and a big potential client base for managers and consultants alike.
These podcasts are companions to our sovereign wealth fund special report, which can be found here.
Our report, which includes profiles of some of the largest sovereign wealth funds, is based on a survey conducted in April by the Oxford University Center for Employement, Work and Finance. The survey was co-sponsored by P&I.
In this podcast, P&I's London Bureau chief Thao Hua, speaks with Gordon L. Clark, Oxford University's Halford Mackinder Professor of Geography, and Ashby Monk, a research fellow at Oxford, who together directed the survey and wrote a report based on the survey's findings.