This post is by Brad Setser and Rachel Ziemba of RGE Monitor A score of recent reports have put the total assets managed by sovereign wealth funds at around $3 trillion. That seems high to us – at…

Estimates of the break-even oil price in Saudi Arabia’s budget vary, ranging from under $40 a barrel to around $50 a barrel. Sometimes that is because of different assumptions about Saudi Arabia’s a…

Ok, my title is a more-than-a-bit unfair. But sovereign wealth funds are fundamentally vehicles for investing central bank reserves -- or Treasury reserves from surplus oil revenue -- in equities …