Introduction



SWFs, considered the new symbols of
global finance, are public actors who manage surpluses
balances of payments, operations on currencies Product of
privatizations, fiscal surpluses and / or revenues
exports of commodities. The rise in power of these actors has
been favored by a marked global imbalance by currents deficits
important in economies Northern and surpluses of colossal currencies
held by economies South. The sovereigns of Middle East funds,
considered the most ancients, have recorded a enough development
important event since few years, especially after the price increase
of oil.