| NZ Super Fund chief Adrian Orr has been elected deputy chair of the International Forum of Sovereign Wealth Funds (IFSWF) and will ultimately chair the organisation.The IFSWF is a voluntary group of currently 25 sovereign wealth funds located globally.
The appointment is for a two-year term, after which Orr will take on the chairmanship of the IFSWF for a further two years. Orr will take on the role in addition to his responsibilities as chief executive of the Guardians of New Zealand Superannuation, which manages the New Zealand Superannuation Fund. "Sovereign wealth funds have been a rapidly growing influence in the global financial landscape, in terms of their proliferation, assets under management and their stabilising influence as long-term investors,” Orr said...............................................Full Article: Source
|