Sovereign Fund

A sovereign fund, also known as a sovereign wealth fund (SWF), is a state-owned investment fund that manages and invests significant financial assets on behalf of a sovereign entity, such as a nation-state or government. These funds are typically established to achieve various long-term objectives, including preserving and growing wealth, stabilizing the economy, supporting national development projects, and mitigating risks associated with fluctuations in commodity prices or other revenue sources.