Sovereign Wealth Fund

I have little to no knowledge of Sovereign Wealth Funds. I’d like to find out more :slightly_smiling_face:

Does anyone think the UK should have one ?

Will Freetrade build it’s own Sovereign style Wealth Fund by owning a Portfolio of stocks to generate income other than from its clients ?
Should they ?

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UK should’ve channeled North Sea Oil profits into a sovereign wealth fund, but that ship has sailed. Fail to see where the income to set up this fund would come from.

But, in principle, it would be a smart idea. There has been some suggestion that we should borrow a ton of money at current low interest rates and set up a sovereign wealth fund. Would be risky but highly unlikely not to generate a net positive return. Fail to see a government with a bottle to do that though!

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This comes down to a single question. Do you think the governement can invest money more productively than private citizens and business? If yes, create such a fund. If no, don’t.

Alex hit the nail on the hit. Look what Norway did and what it enables them to do now. We missed a golden opportunity here.

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A sensible governmental potential decision at last: the creation of a SWF in the UK partially funded by the exploitation of fossil fuels. Like Norway

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I’ve been prattling on for years about how beneficial an SWF would be to help pay for pensions or social care. We’d need the conviction to leave it alone for 10-15 years to grow into a nice pot.

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