Welcome to Sovereign Wealth Funds News.com
Our purpose is to deliver the most up-to-date news, articles and figures on sovereign wealth funds and on their impact on global economy, financial stability and financial markets.News @SWFNews SWF Ranking updated
The updated ranking of the largest SWFs by assets under management is now available at Sovereign Wealth Funds News website. According to the ranking, total value of SWFs assets is in the range of 4.5 to 5 trillion US dollars.
See the ranking
Working Group Announces Creation of International Forum of Sovereign Wealth Funds
The International Working Group of Sovereign Wealth Funds (IWG) announced today in Kuwait City the establishment of the International Forum of Sovereign Wealth Funds (Forum). The Kuwait Declaration, issued at the end of a two-day meeting hosted by the Kuwait Investment Authority and the State of Kuwait, states that the Forum, a voluntary group of SWFs, will meet at least once a year to exchange views on issues of common interest and facilitate an understanding of the Generally Accepted Principles and Practices - "Santiago Principles" - and SWFs' activities.
Mr. David Murray, Chairman of Australia's Future Fund Board of Guardians, was elected by the IWG members to chair the Forum. Mr. Jin Liqun, Chairman of the Board of Supervisors, China Investment Corporation, and Mr. Bader Mohammad Al-Sa'ad, Managing Director, Kuwait Investment Authority, were elected to be deputy chairs of the Forum.
Source: IWG Press Release