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Ekonomika
2018, vol. 64, br. 4, str. 121-134
jezik rada: engleski
vrsta rada: naučni članak
doi:10.5937/ekonomika1804119C

Creative Commons License 4.0
Strategije investiranja Nacionalnih fondova bogatstva
High School of Business, Novi Sad

e-adresa: cuzovic@gmail.com

Sažetak

Nacionalni fondovi bogatstva (FNB), su važan učesnik na globalnom finansijskom tržištu. Iako su nastali i počeli da funkcionišu, pre više od pedeset godina u teoriji nisu dovoljno istraženi.U literaturi ne postoji relevantna teorijsko-empirijska građa na osnovu koje možemo izvršiti pouzdanu ekonomsku objektivizaciju finansijskih sredstava kojima raspolažu FNB, a još je teže spoznati njihovu strategiju i ciljeve investiranja. Postoji relativno malo uporedivih podataka o njihovoj aktivi, investicionoj strategiji i upravljanju, što ukazuje na nedovoljnu transparentnost poslovanja FNB. To nas je podstaklo da s pozivom na dostupnu savremenu teoriju i progresivnu praksu razvijenih zemalja, sagledamo strukturu investicionog portfolia, modele investiranja, zemlje i kompanije u koje FNB investiraju. U radu ćemo potražiti i odgovor na pitanje: da li FNB u uslovima globalne ekonomske i finansijske krize mogu doprineti ublažavanju njenih posledica. Dobijene rezultate istraživanja testiraćemo na primeru najrazvijenijih FNB.

Ključne reči

Nacionalni fondovi bogatstva (FNB); strategija investiranja; investicioni portfolio; modeli investiranja

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