Sovereign wealth fund: Difference between revisions
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One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | {{a|netting|}}One of {{t|ISDA}}’s vaunted {{tag|netting}} categories. | ||
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*[[close-out netting]] | *[[close-out netting]] | ||
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Latest revision as of 15:46, 21 September 2021
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Netting resources
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One of ISDA’s vaunted netting categories.
Sovereign Wealth Fund: A legal entity, often created by a special statute and normally wholly owned by a Sovereign, established to manage assets of or on behalf of the Sovereign, which may or may not hold those assets in its own name. Such an entity is often referred to as an “investment authority”. For certain Sovereigns, this function is performed by the Central Bank, however for purposes of this Appendix B the term “Sovereign Wealth Fund” excludes a Central Bank.
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