2021/06/25 by Oksana Mamina, Mamina, Oksana, Alexander Barannikov +3
Business, Management and Accounting · Economics, Econometrics and Finance · #FOS: Economics and business #General Economics (econ.GN) #Natural Resources and Economic Development #State Capitalism and Financial Governance
paper · pdf · doi:10.48550/arxiv.2106.13670
openalex publication_date 2021/06/25 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Sovereign wealth funds are created in those countries whose budget is highly dependent on market factors, usually world commodity prices. At the same time, these funds are large institutional investors. An analysis of the nature of investments by the State Pension Fund Global of Norway showed that investments of the Fund are based on a seven-level model of diversifying its investments. This model can also be applied to the investments of the National Wealth Fund of Russia to increase its profitability.