CoachA sovereign wealth fund is a special-purpose investment fund owned by a general government, created for macroeconomic purposes, that invests (among other things) in foreign financial assets. A defined-benefit pension plan promises its members a fixed, pre-established benefit at retirement, so that the investment risk falls on the sponsor and the plan’s assets are managed against the promised benefits.
Quantitative Finance · Glossaire
Qu'est-ce que « Sovereign wealth fund, defined-benefit pension plan » ?
Aussi appelé : sovereign wealth fund · defined-benefit pension plan