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{{Nouvelle Alexandrie Article}}
{{Nouvelle Alexandrie Article}}
{{Infobox company
{{Infobox company
|name            =Federal Sovereign Wealth Fund
|name            = Federal Sovereign Wealth Fund
|logo            =[[File:FSWF.png|200px]]
|logo            = [[File:FSWF.png|200px]]
|logo_size             =100px
|logo_size       = 100px
|type            =[[wikipedia:Sovereign wealth fund|Sovereign wealth fund]]
|type            = [[wikipedia:Sovereign wealth fund|Sovereign wealth fund]]
|foundation      ={{AN|1685}}
|foundation      = {{AN|1685}}
|founder          ={{team flag|Nouvelle Alexandrie|flag}} Government of [[Nouvelle Alexandrie]]
|founder          = {{team flag|Nouvelle Alexandrie|flag}} Government of [[Nouvelle Alexandrie]]
|location_city    =[[Cárdenas]]
|location_city    = [[Cárdenas]]
|location_country =[[Nouvelle Alexandrie]]
|location_country = [[Nouvelle Alexandrie]]
|key_people      =Ismael Gonzalez, Chairman  
|key_people      = Ismael Gonzalez, Chairman  
Jacqueline Fauquier, Managing Director
Jacqueline Fauquier, Managing Director
|industry        =[[wikipedia:Institutional investor|Institutional investor]]
|industry        = [[wikipedia:Institutional investor|Institutional investor]]
|assets          = [[Alduro-Wechua écu|WAE€]]687 billion
|assets          = [[Alduro-Wechua écu|NAX€]]1.2 trillion (as of {{AN|1729}})
}}
}}


The '''Federal Sovereign Wealth Fund''' (FSWF) is a sovereign wealth fund owned by the people of the [[Nouvelle Alexandrie|Federation of Nouvelle Alexandrie]] and administered by the federal government.
The '''Federal Sovereign Wealth Fund''' (FSWF) is a sovereign wealth fund owned by the people of the [[Nouvelle Alexandrie|Federation of Nouvelle Alexandrie]] and administered by the federal government. Established in {{AN|1685}}, the FSWF serves as a long-term investment vehicle to secure the financial future of Nouvelle Alexandrie. The fund's capital originates from taxation on private hydrocarbon companies' profits and surplus revenues from state-owned hydrocarbon ventures.


Founded in {{AN|1685}}, the FSWF serves as a long-term investment vehicle for the Federation. Its mandate is to invest funds on behalf of the people of Nouvelle Alexandrie. The majority of the fund's resources come from taxes on the profits of private hydrocarbon enterprises and surplus revenues of state-owned hydrocarbon companies.  
Initially managing assets worth nax€448 billion, the fund has experienced consistent growth with an annual compound growth rate of about 10%. By {{AN|1729}}, the fund's assets have more than doubled, reaching an estimated NAX€1.2 trillion. This growth is attributed to prudent investment strategies and the booming hydrocarbon market. The FSWF's investment portfolio is diverse, including real estate, fixed-income investments, international equities, and emerging market bonds. Its investment philosophy aims to maximize long-term returns while minimizing risks.


The FSWF manages a significant reserve of excess oil, valued at approximately [[Alduro-Wechua écu|WAE€]]448 billion [[Alduro-Wechua écu|écu]]. As a result, the fund's portfolio has experienced consistent growth, with an annual rate of approximately 10% compounded.  
In addition to its investment activities, the FSWF plays a crucial role in supporting [[Nouvelle Alexandrie]]'s national budget. Dividends from the fund's investments are allocated such that 50% are reinvested to ensure continued growth and sustainability, while the other 50% supplements the national budget. This strategic allocation aids in funding essential public services and development projects, further securing [[Nouvelle Alexandrie]]'s financial future amidst debates over its reliance on fossil fuel revenues.


Diverse in its investments, the fund's portfolio includes real estate, fixed-income investments, international equities, and emerging market bonds. Its investment strategy aims to maximise returns over the long term, while also minimizing risk.  
==History==
Founded in {{AN|1685}}, the Federal Sovereign Wealth Fund was initiated to manage and invest the proceeds from hydrocarbon taxation. The [[Hydrocarbon Nationalization, Levy, and Strategic Reserve Act, 1695]] later solidified this revenue source for the fund. Adapting to global financial trends over the years, the FSWF expanded its investment portfolio to ensure robust growth and financial stability for future generations.


The FSWF holds a strong commitment to ethical investing. It has a comprehensive set of exclusion criteria, which have led to the exclusion of many companies on ethical grounds. These criteria include considerations related to environmental sustainability and human rights abuses. The fund has come under significant criticism, however, due to being funded from the proceeds of the sale of fossil fuels from [[Nouvelle Alexandrie]]'s vast oil and natural gas deposits in [[Eura]] and [[Keltia]].
While the FSWF has not publicly disclosed the total value of its assets, estimates have placed it between [[Alduro-Wechua écu|€]]548 billion to approximately [[Alduro-Wechua écu|€]]687 billion, as of {{AN|1704}}. Regardless of the exact amount, it is clear that the fund represents a significant financial resource for [[Nouvelle Alexandrie]], playing a vital role in securing the nation's financial future.
==History==
==Fund Details==
==Fund Details==
===Management and size===
===Management and size===
As of {{AN|1729}}, Chairman Ismael Gonzalez and Managing Director Jacqueline Fauquier lead the fund's strategic direction and investment decisions. With assets valued at approximately NAX€1.2 trillion, the FSWF is among the world's largest sovereign wealth funds, showcasing Nouvelle Alexandrie's economic strength and commitment to financial planning.
==See also==
==See also==
*[[Economy of Nouvelle Alexandrie]]
* [[Economy of Nouvelle Alexandrie]]
*[[Aldurian Oil Company]]
* [[Aldurian Oil Company]]
*[[WechuGas]]
* [[WechuGas]]


[[Category:Economy of Nouvelle Alexandrie]]
[[Category:Economy of Nouvelle Alexandrie]]
[[Category:Politics of Nouvelle Alexandrie]]
[[Category:Politics of Nouvelle Alexandrie]]
[[Category:Government agencies of Nouvelle Alexandrie]]
[[Category:Government agencies of Nouvelle Alexandrie]]

Latest revision as of 07:16, 9 March 2024

Federal Sovereign Wealth Fund
Type Sovereign wealth fund
Industry Institutional investor
Founded 1685 AN
Founder(s) Nouvelle Alexandrie Government of Nouvelle Alexandrie
Headquarters Cárdenas, Nouvelle Alexandrie
Key people

Ismael Gonzalez, Chairman

Jacqueline Fauquier, Managing Director
Total assets NAX€1.2 trillion (as of 1729 AN)

The Federal Sovereign Wealth Fund (FSWF) is a sovereign wealth fund owned by the people of the Federation of Nouvelle Alexandrie and administered by the federal government. Established in 1685 AN, the FSWF serves as a long-term investment vehicle to secure the financial future of Nouvelle Alexandrie. The fund's capital originates from taxation on private hydrocarbon companies' profits and surplus revenues from state-owned hydrocarbon ventures.

Initially managing assets worth nax€448 billion, the fund has experienced consistent growth with an annual compound growth rate of about 10%. By 1729 AN, the fund's assets have more than doubled, reaching an estimated NAX€1.2 trillion. This growth is attributed to prudent investment strategies and the booming hydrocarbon market. The FSWF's investment portfolio is diverse, including real estate, fixed-income investments, international equities, and emerging market bonds. Its investment philosophy aims to maximize long-term returns while minimizing risks.

In addition to its investment activities, the FSWF plays a crucial role in supporting Nouvelle Alexandrie's national budget. Dividends from the fund's investments are allocated such that 50% are reinvested to ensure continued growth and sustainability, while the other 50% supplements the national budget. This strategic allocation aids in funding essential public services and development projects, further securing Nouvelle Alexandrie's financial future amidst debates over its reliance on fossil fuel revenues.

History

Founded in 1685 AN, the Federal Sovereign Wealth Fund was initiated to manage and invest the proceeds from hydrocarbon taxation. The Hydrocarbon Nationalization, Levy, and Strategic Reserve Act, 1695 later solidified this revenue source for the fund. Adapting to global financial trends over the years, the FSWF expanded its investment portfolio to ensure robust growth and financial stability for future generations.

Fund Details

Management and size

As of 1729 AN, Chairman Ismael Gonzalez and Managing Director Jacqueline Fauquier lead the fund's strategic direction and investment decisions. With assets valued at approximately NAX€1.2 trillion, the FSWF is among the world's largest sovereign wealth funds, showcasing Nouvelle Alexandrie's economic strength and commitment to financial planning.

See also