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Sovereign wealth funds: Past, present and future

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Publisher

ELSEVIER SCIENCE INC
DOI: 10.1016/j.irfa.2019.101418

Keywords

Bibliometric citation analysis; Cartographic analysis; Meta-analysis; Sovereign wealth funds; Literature review; Content analysis; Governance; Politics; Investment

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In this article, we conduct a meta-literature review of sovereign wealth funds (SWFs), covering 184 articles from 2005 to 2019. Our meta-literature review consists of qualitative analysis of content using the NVivo software program and quantitative analyses of bibliometric citations using the HistCite and VOSviewer software programs. We identify three main research streams: (i) the overview and growth of SWFs, (ii) governance and political concerns regarding SWFs, and (iii) the investment strategies of SWFs. We identify the most influential aspects of the SWF literature, such as the leading countries, institutions, journals, authors, and articles. Finally, we propose 20 research questions based on the meta-literature review of sovereign wealth funds to set the future research agenda.

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