The global financial crisis that erupted in August 2007 has shed new light on the role of official investors and the assets they manage. In many countries, governments and government-owned entities were called upon to address crises that emerged due to the mismanagement of risk in the private sector. Yet official investors and public institutions need to manage risks of their own – risks that in many cases are unique to them.
Sovereign Risk Management focuses on how official investors should respond to the new challenges they face in managing diverse forms of risk in the aftermath of the crisis. The book includes the insights of a carefully selected roster of experts and practitioners on the management of market, political and regulatory risk.
What is the role of central bank reserves and sovereign wealth funds in managing risks to the domestic economy and financial system?
How can public assets best be invested over the long-term to manage future risks?
How can risks most effectively be identified and managed in the official-sector context?
Sovereign Risk Management focuses on the unique risks faced by sovereign wealth funds and other official investors, and how these risks are changing in the post-crisis financial and political landscape.
- Publish date
- 24 Nov 2009
- 170mm x 245mm
Table of contents
Sovereign wealth and the global credit crisis: a review
Lessons for long-term investors: how will pension funds change after the crisis?
Towards new models for sovereign investing in Asia
Senior Economist, Asian Development Bank
The role of sovereign wealth in strengthening China’s public pension system
Deputy President and Professor, Graduate School of the Chinese Academy of Social Science
Strengthening the role of sovereign shareholders
FME Fellow, Corporate Finance & Governance, Cass Business School
Organising the risk-management function in the official-sector context
Former Vice Governor, Czech National Bank
Managing macrofinancial risk in an asset-liability framework
Senior Risk Expert, Monetary and Capital Markets Department, International Monetary Fund
Interview: managing new risks to sovereign portfolios
Asset Management Department, Norwegian Ministry of Finance
New approaches to managing foreign-exchange risks
Arjan Berkelaar and Roberto de Beaufort
Investment Officers, World Bank Treasury
The global financial crisis and the role of sovereign investors in the Gulf
Chief Economist, Dubai International Financial Centre
Singapore’s sovereign wealth funds: a model for regulation and governance
Assistant Professor, National University of Singapore
A Chinese perspective of the regulation of sovereign wealth funds
Doctoral Candidate, Shanghai University of Finance and Economics
Legal risks for sovereign wealth funds
Fellow, New York University Law School
Reassessing political risk after Santiago and the global financial crisis
Associate Scholar, Carnegie Middle East Centre