Federal Sovereign Wealth Fund (Nouvelle Alexandrie): Difference between revisions
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The '''Federal Sovereign Wealth Fund''' (FSWF) is a sovereign wealth fund owned by the people of the [[Alduria-Wechua|Alduro-Wechua Federation]] and administered by the federal government. It was founded in {{AN|1685}} for the purpose of investing funds on behalf of the people of the Federation by its federal government from taxes on the profits of private hydrocarbon enterprises and the surplus revenues of state-owned hydrocarbon companies | The '''Federal Sovereign Wealth Fund''' (FSWF) is a sovereign wealth fund owned by the people of the [[Alduria-Wechua|Alduro-Wechua Federation]] and administered by the federal government. | ||
It was founded in {{AN|1685}} for the purpose of investing funds on behalf of the people of the Federation by its federal government from taxes on the profits of private hydrocarbon enterprises and the surplus revenues of state-owned hydrocarbon companies. | |||
The FSFW also manages a special reserve of excess oil, estimated to be worth as much as [[Alduro-Wechua écu|WAE€]]448 billion. Its portfolio grows at an annual rate of about 10% compounded. Its portfolio includes real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds. | |||
The FSFW has never published how much it has in assets but estimates have been between €448 billion to approximately [[Alduro-Wechua écu|WAE€]]500 billion. | The FSFW has never published how much it has in assets but estimates have been between €448 billion to approximately [[Alduro-Wechua écu|WAE€]]500 billion. |
Revision as of 00:51, 25 July 2020
Type | Sovereign wealth fund |
---|---|
Industry | Institutional investor |
Founded | 1685 AN |
Founder(s) | Government of Alduria-Wechua |
Headquarters | Cárdenas, Alduria-Wechua |
Key people |
Ismael Gonzalez, Chairman Jacqueline Fauquier, Managing Director |
Total assets | WAE€500 billion |
The Federal Sovereign Wealth Fund (FSWF) is a sovereign wealth fund owned by the people of the Alduro-Wechua Federation and administered by the federal government.
It was founded in 1685 AN for the purpose of investing funds on behalf of the people of the Federation by its federal government from taxes on the profits of private hydrocarbon enterprises and the surplus revenues of state-owned hydrocarbon companies.
The FSFW also manages a special reserve of excess oil, estimated to be worth as much as WAE€448 billion. Its portfolio grows at an annual rate of about 10% compounded. Its portfolio includes real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds.
The FSFW has never published how much it has in assets but estimates have been between €448 billion to approximately WAE€500 billion.