Sovereign wealth funds (SWFs) aren't new, but they are often
misunderstood. As they've attracted more attention over the last
decade and grown greatly in size, the need for a new and thorough
resource on SWFs has never been greater. These funds will only grow
more important over the coming years. In this book, expert authors who
work in the industry present a comprehensive look at SWFs from the
perspective of western investors.
MASSIMILIANO CASTELLI
, PhD, is Head of Global Strategy in the department advising central
banks and Sovereign Wealth Funds at UBS Global Asset Management. In this
role, he analyzes the market trends affecting the investment behaviour
of sovereign institutions and works closely with investment specialists
in providing investment advice and developing tailored investment
solutions for this client segment. Since the political debate
surrounding SWFs has appeared on the international policy agenda, he
established himself as a global thought leader on the macroeconomic,
financial and political trends in sovereign wealth management. He has
often been called in by leading institutions and think tanks as an
expert on global economic and financial matters, he regularly writes
articles and essays on these topics and is often invited as a speaker at
international conferences.In his fifteen year long international
professional career, he has been Head of governmental affairs for UBS
in Europe, Middle East and Africa, Senior Economist for the Middle
East region at UBS and an economic consultant advising governments and
corporates in emerging markets on behalf of international
institutions. He holds a PhD in Economics from the University of Rome
where he lectured and an MSc in Economics from the University of London.
FABIO SCACCIAVILLANI, a PhD in Economics from the University of
Chicago, is the Chief Economist and member of the Investment Committee
of the Oman Investment Fund, which manages the Omani government's oil
revenues for the benefit of future generations. In this role, he
develops economic forecasts, conducts analyses on global trends,
evaluates asset class returns, and contributes to strategic
decision-making. He is one of the world's leading experts on the
activity of Sovereign Wealth Funds, their influence on financial
markets, and their investment strategies. He has written extensively
on the political sensitivities that SWFs stirred in Western countries
and the emergence of a multipolar world.
In his distinguished career he served as Director of Macroeconomics
and Statistics at the Dubai International Financial Centre, Executive
Director at Goldman Sachs, Senior Economist and Adviser at the
European Central Bank and worked in several departments of the
International Monetary Fund. He has an extensive scholarly publication
record and is frequently interviewed and quoted on international
media.
