Book notes: Sovereign Wealth Funds: The New Intersection of Money and Politics

Sovereign Wealth Funds by Christopher Balding

Christopher Balding, Sovereign Wealth Funds: The New Intersection of Money and Politics, Oxford University Press, March 22, 2012, 240 pages

Author Christopher Balding having recognised – like many of us – that he knew too little about sovereign wealth funds (SWFs), set about doing something about it. The result is an excellent source of information on SWFs.

Part one, entitled ‘Framework’, begins with the history of SWFs, explaining there are three main types of funds. The first SWFs orginated as

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