Asset Classes and Investment Policy
Think tanks such as the World Pensions Council (WPC) have argued that the extended investment horizon of sovereign wealth funds allows them to act as long term investors in less liquid assets such as unlisted companies, commodities, real estate and infrastructure assets, a trend likely to develop further as banks and insurance companies decrease their exposure to these asset classes in the context of the Basel 2 and Solvency 2 regulatory constraints.
Read more about this topic: Sovereign Wealth Fund
Famous quotes containing the words asset, classes, investment and/or policy:
“Imagination is a valuable asset in business and she has a sister, Understanding, who also serves. Together they make a splendid team and business problems dissolve and the impossible is accomplished by their ministrations.... Imagination concerning the world’s wants and the individual’s needs should be the Alpha and Omega of self-education.”
—Alice Foote MacDougall (1867–1945)
“The most powerful lessons about ethics and morality do not come from school discussions or classes in character building. They come from family life where people treat one another with respect, consideration, and love.”
—Neil Kurshan (20th century)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“In considering the policy to be adopted for suppressing the insurrection, I have been anxious and careful that the inevitable conflict for this purpose shall not degenerate into a violent and remorseless revolutionary struggle.”
—Abraham Lincoln (1809–1865)