01927cas a2200277 a 4500 AALejournalIMF013982 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475518610 1018-5941 BD-DhAAL BD-DhAAL Al-Hassan, Abdullah. Sovereign Wealth Funds : Aspects of Governance Structures and Investment Management / Abdullah Al-Hassan, Michael Papaioannou, Martin Skancke, Cheng Chih Sung. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents in a systematic (normative) manner the salient features of a SWF's governance structure, in relation to its objectives and investment management that can ensure its efficient operation and enhance its financial performance. In this context, it distinguishes among the various governing bodies and analyzes key aspects of the investment policy and setting of the risk tolerance level in order to ensure consistent risk-bearing capacity and greater accountability. Further, it discusses the important role of SWFs in macroeconomic management and the need for close coordination with other macroeconomic and financial policies as well as their role in global financial stability. Mode of access: Internet Papaioannou, Michael. Skancke, Martin. Sung, Cheng Chih. IMF Working Papers; Working Paper ; No. 2013/231 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/231/001.2013.issue-231-en.xml IMF e-Library