Publication:
Sovereign Wealth Funds in East Asia

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dc.contributor.authorSeward, James
dc.contributor.authorUlukan, Mustafa
dc.contributor.authorKim, Mee Jung
dc.contributor.authorTsubota, Hiroshi
dc.contributor.authorGable, Timothy
dc.date.accessioned2015-01-06T18:10:53Z
dc.date.available2015-01-06T18:10:53Z
dc.date.issued2014-09-01
dc.description.abstractSovereign Wealth Funds (SWFs) have been in existence for many decades worldwide, however most SWFs in the East Asia and Pacific Region (EAP) are relatively new. The emergence of the SWFs in Asia is largely a by-product of the strong economic development at East Asian countries in the last two decades and the attendant accumulation of foreign exchange reserves. However, there are other types of SWFs in the region as well. The EAP region is an ideal region to take a look at the issues surrounding SWFs since Asia has the full range of funds from long-established funds to brand new funds; from passive portfolio investors to more aggressive strategic investors; from resource-backed funds to foreign reserve-backed funds; and, based in the largest, most highly developed economies to the smallest, poorest economies in Asia. Therefore, the objective of this report is to document the status of Sovereign Wealth Funds in the East Asia Region and to understand their governance structures. The report will also investigate how lack of standardized, long-term financial instruments devoted to emerging markets leads funds to leak out of the EAP region, an area with significant investment needs. It presents facts from publicly available sources on their size, institutional structure, and investment operations.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/09/20467317/sovereign-wealth-funds-east-asia-policy-note
dc.identifier.doi10.1596/21102
dc.identifier.urihttps://hdl.handle.net/10986/21102
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTANT
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARD
dc.subjectACCOUNTING STANDARDS
dc.subjectADVERSE EFFECTS
dc.subjectALTERNATIVE INVESTMENTS
dc.subjectASSET BASE
dc.subjectASSET CLASS
dc.subjectASSET CLASSES
dc.subjectASSET MANAGEMENT
dc.subjectASSET-BACKED SECURITY
dc.subjectAUDIT COMMITTEE
dc.subjectBALANCE SHEETS
dc.subjectBANK MANAGEMENT
dc.subjectBANK OPERATIONS
dc.subjectBOND
dc.subjectBOND ISSUE
dc.subjectBROAD MONEY
dc.subjectBUDGET DEFICIT
dc.subjectCAPITAL INVESTMENT
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKETS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCHECKS
dc.subjectCOMMERCIAL INVESTMENT
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMON STOCK
dc.subjectCONFLICT OF INTEREST
dc.subjectCONFLICTS OF INTEREST
dc.subjectCORPORATE BOND
dc.subjectCORPORATE BONDS
dc.subjectCORPORATE DEBT
dc.subjectCORPORATE DEBT MARKET
dc.subjectCORPORATE GOVERNANCE
dc.subjectCURRENCY
dc.subjectCURRENCY CRISIS
dc.subjectCURRENCY EARNINGS
dc.subjectCURRENCY RISK
dc.subjectDEBT INSTRUMENTS
dc.subjectDEBT ISSUANCE
dc.subjectDEBT MARKET
dc.subjectDEBT OBLIGATIONS
dc.subjectDEBT SECURITIES
dc.subjectDEBT SERVICE
dc.subjectDEBT SERVICE PAYMENTS
dc.subjectDEGREE OF LIQUIDITY
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT FINANCE
dc.subjectDIRECT INVESTMENT
dc.subjectDIVERSIFIED PORTFOLIOS
dc.subjectDOMESTIC CURRENCIES
dc.subjectDOMESTIC DEBT
dc.subjectDOMESTIC DEBTS
dc.subjectDOMESTIC ECONOMIES
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC POLICIES
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET DEBT
dc.subjectEMERGING MARKETS
dc.subjectENFORCEABILITY
dc.subjectEQUITIES
dc.subjectEQUITY FUNDS
dc.subjectEXPORTERS
dc.subjectEXTERNAL ASSETS
dc.subjectEXTERNAL DEBTS
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE SYSTEM
dc.subjectFIDUCIARY RESPONSIBILITIES
dc.subjectFIDUCIARY RESPONSIBILITY
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL RETURNS
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL SECURITIES
dc.subjectFISCAL POLICY
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME PORTFOLIO
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN CURRENCY EXPOSURE
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN GOVERNMENT
dc.subjectFUND MANAGEMENT
dc.subjectFUND MANAGERS
dc.subjectGLOBAL FINANCIAL STABILITY
dc.subjectGLOBAL PORTFOLIO
dc.subjectGLOBAL PORTFOLIOS
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT INVESTMENT
dc.subjectGOVERNMENT INVESTMENTS
dc.subjectHEDGE FUNDS
dc.subjectHOLDING
dc.subjectHOLDING COMPANIES
dc.subjectHOLDING COMPANY
dc.subjectHOLDINGS
dc.subjectHOME MARKET
dc.subjectHOME MARKETS
dc.subjectHOST COUNTRY
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectHUMAN RESOURCE
dc.subjectHUMAN RESOURCES
dc.subjectINCOME STREAMS
dc.subjectINFLATION
dc.subjectINFLATION INDEXES
dc.subjectINFLATION RATE
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINSTITUTIONAL CAPACITIES
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSURANCE
dc.subjectINTERNAL AUDIT
dc.subjectINTERNATIONAL BEST PRACTICES
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL FINANCIAL MARKETS
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTING
dc.subjectINVESTMENT ACTIVITIES
dc.subjectINVESTMENT APPROACHES
dc.subjectINVESTMENT ASSETS
dc.subjectINVESTMENT CORPORATION
dc.subjectINVESTMENT CORPORATIONS
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT GUIDELINES
dc.subjectINVESTMENT HORIZON
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PORTFOLIO
dc.subjectINVESTMENT PORTFOLIOS
dc.subjectINVESTMENT STRATEGIES
dc.subjectINVESTMENT STRATEGY
dc.subjectINVESTMENT VEHICLE
dc.subjectINVESTMENT VEHICLES
dc.subjectISSUANCES
dc.subjectLABOR STANDARDS
dc.subjectLACK OF TRANSPARENCY
dc.subjectLIABILITY
dc.subjectLIQUIDITY
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL INFRASTRUCTURE
dc.subjectLOCAL MARKET
dc.subjectLONG-TERM DEBT
dc.subjectLONG-TERM INVESTMENT
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET CONDITIONS
dc.subjectMARKET PLAYERS
dc.subjectMARKET PRACTITIONER
dc.subjectMARKET SHARE
dc.subjectMARKET VALUE
dc.subjectMATURITY
dc.subjectMONETARY AUTHORITY
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICIES
dc.subjectMONEY SUPPLY
dc.subjectMORTGAGES
dc.subjectNATIONAL DEVELOPMENT
dc.subjectNATIONAL SECURITY
dc.subjectNATURAL RESOURCE
dc.subjectOPERATIONAL INDEPENDENCE
dc.subjectOPPORTUNITY COST
dc.subjectPENSION
dc.subjectPENSION ASSETS
dc.subjectPENSION FUND
dc.subjectPENSION FUNDS
dc.subjectPENSIONS
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPORTFOLIOS
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE EQUITY
dc.subjectPRODUCTIVE INVESTMENT
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC MARKETS
dc.subjectPUBLIC PENSION
dc.subjectPUBLIC REGISTRY
dc.subjectRATE OF RETURN
dc.subjectREAL PROPERTY
dc.subjectRESERVE
dc.subjectRESERVE FUND
dc.subjectRESERVE FUNDS
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK MANAGEMENT
dc.subjectRISK PROFILE
dc.subjectSAVINGS
dc.subjectSECONDARY MARKET
dc.subjectSECONDARY MARKET LIQUIDITY
dc.subjectSECURITY PRICES
dc.subjectSEIGNIORAGE
dc.subjectSHAREHOLDER
dc.subjectSHAREHOLDER VALUE
dc.subjectSHAREHOLDERS
dc.subjectSTRATEGIC INVESTORS
dc.subjectSUBORDINATED DEBT
dc.subjectSUPERVISORY BOARD
dc.subjectTAX
dc.subjectTRANCHE
dc.subjectTRANCHES
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectTREASURY BONDS
dc.subjectTRUST FUND
dc.subjectVALUE OF ASSETS
dc.subjectWITHDRAWAL
dc.titleSovereign Wealth Funds in East Asiaen
dspace.entity.typePublication
okr.date.disclosure2014-12-04
okr.date.doiregistration2025-05-07T08:59:07.855364Z
okr.doctypeEconomic & Sector Work::Policy Note
okr.docurlhttp://documents.worldbank.org/curated/en/2014/09/20467317/sovereign-wealth-funds-east-asia-policy-note
okr.globalpracticeFinance and Markets
okr.guid356361468248076297
okr.identifier.externaldocumentum000333037_20141203224016
okr.identifier.internaldocumentum20467317
okr.identifier.report92932
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/12/03/000333037_20141203224016/Rendered/PDF/929320WP0P14840sion0100170140final.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.geographicalEast Asia
okr.sectorFinance :: Banking
okr.sectorFinance :: Capital markets
okr.themeFinancial and private sector development :: Regulation and competition policy
okr.themeFinancial and private sector development :: Standards and financial reporting
okr.themeFinancial and private sector development :: Other financial and private sector development
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Non Bank Financial Institutions
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitFinance and Markets - GP - IBRD (GFMDR)
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