Sovereign Wealth Funds’ Public Policy and Asset Allocation After the Financial Crisis

by Dr. Eliot Kalter

Dr. Eliot Kalter’s Presentation in October 2010 explains the relevance of Sovereign Wealth Funds (SWFs), outlines the key attributes of CEME’s Sovereign Wealth Fund Initiative, and explores in depth the issues of asset allocation diversification, socio-political risk, response to recipient country discriminatory practices, and context-appropriate transparency and accountability standards for SWFs.

Table of Contents

I. Relevance of Sovereign Wealth Funds (SWFs)

II. The Fletcher School’s Sovereign Wealth Fund Initiative (SWFI)

III. Asset Allocation Diversifies Beyond Traditional Geography and Asset Classes

IV. Socio-Political Risks Faced by SWFs

V. Preferred Approaches by SWFs to Recipient Country Discriminatory Practices

VI. Identification and Development of Context-Appropriate Levels of Transparency and Accountability

Sovereign Wealth Funds’ Public Policy and Asset Allocation After the Financial Crisis