Commodity-based Sovereign Wealth Funds : Managing Financial Flows in the Context of the Sovereign Balance Sheet »
Series: IMF Working Papers
Author(s): Abdullah Al-Hassan , Sue Brake , Michael Papaioannou , and Martin Skancke
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 09 February 2018
Keywords: International financial markets, Risk management, Sovereign wealth funds, sovereign asset and liability management, financing gap, investment management, macroeconomic coordination, Portfolio Choice
Commodity-based sovereign wealth funds (SWFs) have been at a crossroads following the recent fall in commodity prices. This paper provides a framework for commodity-based SWF management, focusing on stabilization a...