Sovereign Wealth Funds(SWF), one of the state-owned investment tools. This fund has taken strategic mission for the countries which are undertaking important targets. Date back to 1950s, these funds traditionally were established to obtain high returns in the financial markets by using the revenue surplus from natural resources like oil or natural gas. The growth of SWF-type institutional arrangements can be seen as a policy response to the strong accumulation of foreign assets by the official sector. SWF main sources are petrol, gas etc. Also another source of SWF is budget surplus. Mainly, the subject of SWF is to manage of these sources. These sources are so important for these countries have SWF. The SWF is also significant for Turkey to get its strategic targets. SWF is necessity for Turkey because of the geopolitics and strategic location of Turkey. This SWF’ step is necessity for Turkey even if it’s too late. In this article, after reviewing the general features and types of Sovereign Wealth Fund, we will discuss Wealth Fund of Turkey and its strategy.
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