Publication detail

Sovereign wealth funds in theory and practice

Author(s): prof. PhDr. Petr Teplý Ph.D., Ing. Jan Ander
Type: Monograph
Year: 2014
Number: 0
ISSN / ISBN: ISBN 978-80-246-2420-4, ISBN 978-80-246-2442-6 (pdf)
Published in: Karolinum Press, Czech Republic
Publishing place: Prague, Czech Republic
Keywords: finance, globalisation, risk, sovereign wealth fund
JEL codes:
Suggested Citation: Ander, J., Teplý, P. (2014). Sovereign wealth funds in theory and practice. Prague: Karolinum Press
Grants: GACR 14-02108S The nexus between sovereign and bank crises VŠE IP100040
Abstract: Sovereign Wealth Funds (SWFs) have been currently becoming a more and more important part of the international financial system. These institutions administrated more than USD 6 trillion under their asset management as of the end of 2013. SWFs are the funds owned by a state, set up for various macroeconomic purposes. Usually, they are financed through the transfer of foreign currency assets which are mainly long-term investments abroad. This book focuses on global SWFs from both the theoretical and empirical point of view. Moreover, it discusses a theoretical set-up of a SWF in the Czech Republic. However, there is no offer made by politicians to set up a SWF in the Czech Republic, nor any demand from the side of their voters. The simple language of the book renders it accessible for both experts and the public.


Česká Spořitelna


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