صناديق الثروة السيادية : استراتيجياتها الاستثمارية و آثارها الاقتصادية في العالم خلال الفترة 2005-2014

Abstract EN

Sovereign wealth funds have become a subject of growing interest by financial markets, analysts and policy makers and national legislative bodies because of constant controversy around it, where the recipient States harbours concerns about sovereign funds in light of the increasing size and breadth of activity and the variety of investment strategies.

These funds have taken an increasing importance in the international monetary and financial system, especially after its success in making many capitals in European and American banks; even the latest and most important polarity in the field of money and finance has become worldwide This study aims to define the sovereign funds and highlight their importance and the most important investment strategies in the future to provide access in the case of this entry into force of the sources and as well as to the effects of these funds to the owner and the host countries have addressed The study reached a number of results: ♦♦ The sovereign wealth funds invests in real estate, energy, major industrial enterprises, banks in addition to the money markets and bonds ♦♦ Sovereign wealth funds a variety of targets, including the financing of social and economic development in the royal states of the Fund and contribute to the development and future states of the investment funds financed the development of grassroots structures ♦♦ These sovereign funds depends primarily on oil revenues ♦♦ Sovereign wealth funds has negative impact on the economic owner of the funds as well as the state and the states who have it.