Contents -- List of pictures -- List of tables -- List of abbreviations -- 1. Theoretical part -- 1.1 Literature review -- 1.2 Definition of State sovereign funds -- 1.3 Rise, development and role of SWFs -- 1.3.1 Santiago Principles -- 1.3.2 Individual objectives of funds -- 1.4 Types of SWFs based on sources of capital accumulation -- 1.5 Types of SWFs based on investment purposes -- 1.5.1 Basic profile of SWFs -- 1.5.2 Difference between SWFs and pension funds -- 1.6 Position of SWFs within global investors' portfolio -- 1.7 Investment strategy -- 1.8 Investment trends -- 1.9 Macroeconomic impact of SWFs on home and host countries -- 1.9.1 Impact on changes in currency rates, prices of assets and commodities -- 1.9.2 Impact and effect of investment decisions of SWFs on their performance -- 1.10 Overview of selected SWFs -- 1.10.1 Analysis of Government Pension Fund (GPF) -- 1.10.2 Abu Dhabi Investment Authority (ADIA) Fund -- 1.10.3 China Investment Corporation (CIC) Fund -- 1.10.4 Fundo Soberano do Brasil (FSB) -- 1.11 Overview of recent SWFs transactions -- 2. Empirical part -- 2.1 Introductory comments and methodology -- 2.2 Analysis of volume of SWFs' assets -- 2.3 Analysis of SWFs' transparency -- 2.4 Indices of SWFs' transparency -- 2.4.1 The Peterson Institute's Index of Transparency -- 2.4.2 Linaburg-Maduell Index of Transparency (LMTI) -- 2.5 Analysis of SWFs from the institutional view -- 2.6 Analysis of development of SWFs' assets in the 2008-2010 period -- 2.7 Macroeconomic impact and potential risks of SWFs -- 2.7.1 Macroeconomic impacts -- 2.7.2 A case study: Merger Tinto - BHP Billition -- 2.8 Analysis of the impact of funds on the increase of national wealth -- 2.8.1 SWFs as saving institutions -- 2.8.2 Profitability of SWF investments: public versus private sector -- 2.8.3 Political context -- 2.8.4 Tax policy.

2.8.5 Value of a fund and impact on wealth growth -- 2.8.6 Measuring efficiency of funds -- 2.9 SWFs and global disbalances -- 2.10 Theoretical example: Possibility of setting up a SWF in the Czech Republic -- 2.10.1 Economic crisis - good chance to introduce changes -- 2.10.2 Theoretical example of setting up a SWF in the Czech Republic -- 2.10.3 Revenues of a SWF in the Czech Republic -- 3. Executive summary -- 4. Bibliography -- 5. Appendices -- Index.