Sovereign Wealth Funds

Sovereign Wealth Funds

Sovereign Wealth Funds have become significant global investors, especially in the wake of the global financial crisis. Generally defined as state-owned investment funds that invest in a wide range of financial instruments, SWFs have increased their global footprint, investing in a wide array of assets across all global regions.

The paper analyses the investment trends of foreign SWFs in Asia and the tax risks associated with foreign SWF investments in this region. We focus on the following jurisdictions: Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam.