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2008年以来,美国次贷危机对全球经济的影响日益深刻,也使全球主权财富基金的资产大幅缩水。在这场金融危机中,美国资本市场的流动性枯竭殆尽,华尔街不良金融资产对美国经济乃至全球经济产生了重大的威胁。在此背景下,全球主权财富基金从原来美国霸权并不欢迎的投资竞争对手转变为合作伙伴,但全球金融危机背景下的主权财富基金投资环境并没有因金融危机而得到实质改善,多种投资限制措施的出台,投资风险的激增,使主权财富基金面对廉价的金融资产望而却步。面对百年难遇的金融危机,如何趋利避害,实施多元化的发展策略,是任何国家和地区的主权财富基金亟待解决的重要课题。
Since 2008, the impact of the U.S. subprime mortgage crisis on the global economy has been deepening and the assets of the global sovereign wealth funds have shrunk dramatically. During the financial crisis, liquidity in the capital markets in the United States was depleted. The bad financial assets on Wall Street posed a grave threat to the U.S. economy and even the global economy. Against this background, the global sovereign wealth funds have changed from unsuccessful US-dominated investment competitors to their cooperative partners. However, the investment environment of sovereign wealth funds in the global financial crisis has not been substantially improved due to the financial crisis. Various investments The promulgation of restrictive measures and the surge of investment risks have made sovereign wealth funds discouraged from facing cheap financial assets. In the face of the once-in-a-century financial crisis, it is an important issue that the sovereign wealth funds in any country and region need to solve urgently to implement the diversified development strategy.