Series: IMF Working Papers
Author(s): Iva Petrova , Jukka Pihlman , Peter Kunzel , and Yinqiu Lu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2011
Keywords: Portfolio Choice, Investment and Risk Management, Government Policy and Regulation, pension, pension reserve, investment objectives, pension fund, risk management, International Finance: General, General Financial Markets: Government Policy and Regulation,
While SWF investment objectives to some extent reflect inherent characteristics, notable differences in strategic asset allocation (SAA) exist even amongst SWFs of similar types. Even so, this paper shows that the...