Time for SWFs to Show Greater Transparency
Sovereign wealth funds are suddenly on the radar. In truth, many have been there for decades but observers in the investment industry are increasingly noticing their numbers, their size, or in some cases just how big their most recent deal was, and pressure is growing for greater transparency.\
Eliot Kalter, senior fellow of the Fletcher School’s Sovereign Wealth Fund Initiative, says the number of SWFs effectively doubled in the past 10 years, while Nick Tolchard, head of Invesco Middle East and global SWF co-ordination, estimates total SWF assets to be $5tn-$6tn.
He reports seeing serious estimates that those assets could grow to $12tn-$15tn within five years.
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