Rise of GCC Sovereign Wealth Funds: Magic Wand?
Programmes
26 Mar 2023

Rise of GCC Sovereign Wealth Funds: Magic Wand?

A sovereign wealth fund is a state-owned investment fund comprised of money generated by the government, often derived from a country's surplus reserves. Over the last decade, sovereign wealth funds (SWFs) have sharply grown; this is particularly the case of the Gulf Cooperation Council (GCC) SWFs who have invested worldwide with a special focus on developed countries, and whose accumulated assets have dramatically increased in the last ten years due to several factors. Therefore, it is necessary to study the characteristics of GCC SWFs, as well as to assess the factors behind their growing role and their future trends.