International Forum of Sovereign Wealth Funds

International Forum of Sovereign Wealth Funds
Type Non-Governmental Organization
Focus sovereign wealth funds
Location
Area served
International
Website www.ifswf.org

The International Forum of Sovereign Wealth Funds (IFSWF) is a non-profit international group of sovereign wealth funds managers which was established in 2009, based in London, England.[1]

As of 2016 it has 30[2] funds as members including some of the largest including China Investment Corporation, Kuwait Investment Authority and Abu Dhabi Investment Council.[2] It was set up by the funds, so they could come together and create an organisation to promote best practice within their field. It’s focus is “… to exchange views on issues of common interest and to facilitate an understanding of sovereign wealth funds' activities and of the Santiago Principles.”[1]

The 24 Santiago Principles are a voluntary standard of best practice principles and practices endorsed by the IFSWF members for the management of the Sovereign Wealth Funds.[3] It's member funds collectively have about USD 5.5 trillion under management, representing 80% of assets managed by sovereign funds globally.[4]

When established the IFSWF formalized a limited number of partnerships with world leading financial and academic partners.[5] In 2016 IFSWF and Hedge Fund Standards Board establish a mutual observer relationship to share knowledge and experience with the objective to raise Standards in the financial industry.[4]

See also

References

  1. 1 2 International Forum of Sovereign Wealth Funds. "IFSWF About us". Retrieved 27 September 2016.
  2. 1 2 International Forum of Sovereign Wealth Funds. "IFSWF Membership". Retrieved 27 September 2016.
  3. ↑ International Forum of Sovereign Wealth Funds. "IFSWF Santiago Principles". Retrieved 27 September 2016.
  4. 1 2 Hedge Fund Standards Board. "International Forum of Sovereign Wealth Funds (IFSWF) and Hedge Fund Standards Board (HFSB) establish Mutual Observer relationship". Retrieved 27 September 2016.
  5. ↑ Yahoo Finance. "State Street Appointed by the International Forum of Sovereign Wealth Funds as an Official Research Partner". Retrieved 27 September 2016.
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