Federal Sovereign Wealth Fund (Nouvelle Alexandrie): Difference between revisions
No edit summary |
No edit summary |
||
| Line 39: | Line 39: | ||
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. | ||
[[Category:Economy of Alduria-Wechua]] | |||
Revision as of 01:04, 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.
