Do Not Regulate Sovereign Wealth Funds
Knut Kjaer, former director Norges Bank | April 14, 2008
As potentially non-economic agents, SWFs are threatening to affect the efficiency of the global market economy and distort the allocation of risk and resources. ++ Governance should remain adapted to the fund’s purpose and specific political and cultural setting, but increasing net returns will require transparency, and the professionalism and accountability of management, not further regulation.
