13.10.2009 - New study finds wide variance in SWFs compliance with disclosure guidelines
A new report finds that some Sovereign Wealth Funds (SWFs) have made progress in becoming more transparent, but there is a wide dispersion in the level of opacity among the funds. The study finds that about half of the ten largest SWFs have achieved a relatively high level of disclosure, while other funds have yet to adopt meaningful initiatives to improve compliance with their self-imposed disclosure code of conduct. The report also indicates that although the aggregate size of the ten largest SWFs is approximately $2.2 trillion, the actual impact of the investments on international equity markets is significantly smaller - at about $1 trillion........................Full Press Release: Source
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