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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Performance

Stronger Board, More Effective Government Interaction to Mark Samruk Kazyna Transformation

Posted on 30 October 2014

Kazakhstan’s Samruk Kazyna Sovereign Wealth Fund will redistribute responsibilities within the fund and change its portfolio structure and approach to investment as part of its recently announced transformation, Chairman of the Board of Samruk Kazyna Umirzak Shukeyev recently told The Astana Times in an exclusive interview. This will require internal changes, including training and incorporating foreign expertise, as well as legislative changes in Kazakhstan.
Samruk Kazyna officially unveiled its transformation programme, which is intended to help modernise Kazakhstan’s economy and bring an additional $11 billion to the country’s gross domestic product by 2020, on Oct. 6………………………………………..Full Article: Source


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