SWFs need to move on climate
Sovereign wealth funds need to take immediate action to mitigate the effects of climate change, according to a first of its kind survey of sovereign wealth funds.
Sovereign wealth funds need to take immediate action to mitigate the effects of climate change, according to a first of its kind survey of sovereign wealth funds.
In the past 20 years the number of SWFs has grown from 20 to more than 100 with their assets estimated to grow by $500 billion a year. So where do they invest and what impact are they having on the market? Sarah Rundell investigates.
SWFs are long-term investors and will weather whatever storm is coming, says Majed Al Romaithi, chair of IFSWF and executive director of the strategy and planning department at ADIA, who also encouraged investors to consider risk in a more “sophisticated” way.
The new chair and deputy chair of IFSWF preached the importance of sovereign wealth funds forming partnerships to access elusive assets, gain new insights and invest sustainably.
As the International Forum of Sovereign Wealth Funds’ Santiago Principles turn 10, the executive director of the State Oil Fund of Azerbaijan says threats to the free flow of capital loom.
Recent reports highlight challenges sovereign wealth funds face in reconciling long- and short-term objectives – and how success in private markets comes from finding and developing talent.
Sustainability Digital – March 2021