Evolving Roles of Sovereign Wealth Managers After the Financial Crisis: Past, Present and Future

(World Scientific) Lee presents a new unified model for sovereign wealth management that can explain these phenomenon: Savers in surplus countries are often “penalized” by astronomical consumer prices, while spenders in debtor countries enjoy bargain prices; Silicon Valley’s innovation in R&D despite its chaos in public finance; and surplus countries’ concern over potentially worthless IOUs from debtor countries. Lee is founder and CEO of HedgeSPA.