SWFs play important role in Arctic
Sovereign wealth funds can play an important role in investing sustainably in the Arctic region, and warding off the impact of a looming natural disaster, according to the IMF's Udaibir Das.
Sovereign wealth funds can play an important role in investing sustainably in the Arctic region, and warding off the impact of a looming natural disaster, according to the IMF's Udaibir Das.
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 $1.4 billion Fondo de Ahorro de Panamá is set to add a 15 per cent allocation to private equity and alternatives to eliminate some of the risk related to fixed income in its portfolio.
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.
The Santiago Principles have made a great impact on transparency and accountability for sovereign wealth funds but need a refresh to offer guidance amid increasing tension between global and local mandates and a tougher regulatory environment, a panel declared.
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.
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