Sovereign Investment Funds

Sovereign investment funds (SIFs) invest in a wide range of financial instruments across sectors and regions, With investment portfolios becoming ever more sophisticated and global, SIFs are increasingly exposed to tax considerations in investee countries; this exposure needs to be appropriately monitored and managed through careful planning and investment structuring.

This paper discusses the key investment trends, including sectors and regions in which SIFs have been operating. It then goes on to analyze the tax risks associated with investments by foreign SIFs worldwide with particular focus on the following jurisdictions: North America, Africa, Asia, Europe and Latin America.