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Davos Annual Meeting 2008 - Sovereign Wealth Funds

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Uploaded on Jan 24, 2008

http://www.weforum.org/

24.01.2008

Myths and Realities of Sovereign Wealth Funds
Sovereign wealth funds are now estimated to be as large as US$ 2.5 trillion and expected to reach US$ 12 trillion in 2015.
What is their impact on the global economy?

Richard S. Fuld Jr, Chairman and Chief Executive Officer, Lehman Brothers, USA
Kristin Halvorsen, Minister of Finance of Norway
Muhammad S. Al Jasser, Vice-Governor of the Saudi Arabian Monetary Agency
Robert M. Kimmitt, US Deputy Secretary of the Treasury
Aleksey Kudrin, Deputy Prime Minister and Minister of Finance of the Russian Federation
Bader M. Al Sa'ad, Managing Director, Kuwait Investment Authority (KIA), Kuwait
Stephen A. Schwarzman, Chairman and Chief Executive Officer, The Blackstone Group, USA
Lawrence H. Summers, Charles W. Eliot University Professor, Harvard University, USA

Moderator
Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, United Kingdom

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