15.08.2013 - SWF newcomers ignoring transparency concerns
Most of the new entrants into the sovereign wealth fund (SWF) sector have ranked poorly on the International Forum of Sovereign Wealth Funds’ transparency rankings, scoring 30 out of a possible 100 or less. A report compiled by the Peterson Institute for International Economics, said the overall number of SWFs scoring 30 or less had increased since 2009, driven by the new entrants. “We could find essentially no reliable public information on these funds, which was not unexpected, but we wanted to include them because they are members of the IFSWF and, in principle, adhere to the Santiago Principles,” the report said...............................................Full Article: Source
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