<p>One example of monetary policy is the <a href="http://www.marketwatch.com/story/bank-of-japan-buys-record-amount-of-stock-etfs-2012-05-07" rel="nofollow">Bank of Japan buying the Nikkei</a> as part of its asset purchasing program.</p>

<p>Typically, a substantial share of citizens' wealth is connected to returns of their national stock market.  Hence, it is generally not a wise move for a fiscal authority to invest public funds (not tied to pension schemes) in broad baskets of stocks.</p>

<p>You might try looking into <a href="http://www.swfinstitute.org/fund-rankings/" rel="nofollow">sovereign wealth funds</a>, these are typically gargantuan profit-maximizing investment vehicles wealthy nations use to acquire risky securities.</p>

CC BY-SA 3.0
2015-01-13T17:43:38.583Z
2015-01-13T19:25:47.937Z
2015-01-13T19:25:47.937Z
Bryce
<p>For  example can the government of the UK invest in some company with shares in the FTSE 100? Or can Russia take the opportunity now that the shares of oil companies are low to buy them?</p>

CC BY-SA 3.0
2015-01-11T02:00:39.847Z
What would stop them?  For a striking recent example, the US government bought a substantial fraction of General Motors in 2008-2009.
Steven Landsburg
CC BY-SA 3.0
2015-01-11T06:03:13.560Z
The Russian government already (essentially) owns the Russian energy sector via Gazprom.
123
<macroeconomics><public-economics><political-economy>
Do countries invest in the country's own stock market?
inquisitor
# Do countries invest in the country's own stock market?

(Asked by: username_0 on 2015-01-10)

For example can the government of the UK invest in some company with shares in the FTSE 100? Or can Russia take the opportunity now that the shares of oil companies are low to buy them?

**Tags:** macroeconomics, public-economics, political-economy

> **Comments:**
> **username_1**: What would stop them?  For a striking recent example, the US government bought a substantial fraction of General Motors in 2008-2009.  
> **username_2**: The Russian government already (essentially) owns the Russian energy sector via Gazprom.  

---

## 1 answers

### Answer by username_3 on 2015-01-13. Score: 5 | Accepted answer

One example of monetary policy is the [Bank of Japan buying the Nikkei](http://www.marketwatch.com/story/bank-of-japan-buys-record-amount-of-stock-etfs-2012-05-07) as part of its asset purchasing program.

Typically, a substantial share of citizens' wealth is connected to returns of their national stock market. Hence, it is generally not a wise move for a fiscal authority to invest public funds (not tied to pension schemes) in broad baskets of stocks.

You might try looking into [sovereign wealth funds](http://www.swfinstitute.org/fund-rankings/), these are typically gargantuan profit-maximizing investment vehicles wealthy nations use to acquire risky securities.


---

