Sovereign funds and the suitability of the Iraqi environment for their establishment
DOI:
https://doi.org/10.25130/tjfps.v1i34.290Abstract
This research aims to develop a comprehensive research framework for perception and concepts, enrich the reader and beneficiary with sufficient information about and reduce the gaps in knowledge for those wishing to measure what is available and what is not available of the necessary basics. And the requirements for establishing sovereign funds in the Iraqi environment after identifying the main variables that directly affect the subject of the research. Most of the research problem is the problem of weak knowledge necessary to install sovereign funds in Iraq and the extent of their success or adopting this idea on the ground, and not knowing what is available is more important to create the necessary requirements. .
Private banks, investment companies, and insurance companies listed on the Iraq Stock Exchange and a number of university professors at Al-Imam University College / Balad were chosen as a research model that has direct contact with more than other sectors, with the establishment of requirements for hedge funds. The research sample was included and the decision was taken from them. The key to the tool for collecting Data and information, as well as conducting structured interviews with a number of them. The data was used using statistical software analysis (SPSS), and many statistical methods were used such as the arithmetic mean and deviation. The research found a set of results, perhaps the most prominent of which is that the current Iraqi economic situation has had a negative impact on the Iraqi investment arena. On all the requirements for establishing economic hedge funds, which is the basic basis on which all other complementary requirements are based, and without the presence of an operational economy, a strong investment is nothing and any other axis becomes useless. It necessitates an attempt to advance security and economy by the concerned authorities into reality by making changes in plans and strategies. Related to these two variables, the country’s situation currently prevents the success of any investment project similar to establishing a hedge fund.