"A Lot to Learn: Many Sovereign Wealth Fund Managers Come up Short in Measures of Sophistication" According to the online Wharton business journal, a recent study found that the management sophistication of many sovereign funds "has hardly reached its adolescence" and "many funds don't adhere to basic norms of modern money management."

"Insurance Firms: The Missing Link in the Sovereign Wealth Fund Acquisition Spree" Deloitte Research has sent us a copy of their new publication which examines why SWFs have acquired interests in global banks, but have not included significant investments in insurers. "The lack of adequate attention paid to the role of insurance services in the development of these financial centers seems striking when considered in conjunction with the current state of local and regional insurance markets in the Middle
East and Asia." For a look click here.

How do SWFs differ from public pension funds ? Professor Gordon L. Clark of the University of Oxford makes some particularly astute observations here.

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