IFSWF works toward goals of 2014 Doha Agreement

IFSWF works toward goals of 2014 Doha Agreement

The International Forum of Sovereign Wealth Funds (IFSWF) is a voluntary gathering of Sovereign Wealth Funds (SWFs) to exchange views on common interest issues and facilitate the understanding of the Santiago Principles and SWF activities. 

The most recent meeting of the IFSWF occurred in Doha, Qatar, Nov. 19-20, 2014, hosted by the Qatar Investment Authority. The meeting involved senior officials from SWFs from more than 28 countries. Sheikh Abdullah Al-Thani, prime minister and interior minister, provided the inaugural address, while Ahmad Al-Sayed, minister of state and CEO of QIA, was around to welcome guests to the event.

During this meeting, the IFSWF created the “Doha Agreement,” adopting a three-year plan for long-term capital growth and strong real returns for the progeny. Over the past two years, the IFSWF has worked toward these goals by championing long-term investment based on financial and economic grounds. This has helped contribute to a stable global financial system. 

The 2014 gathering also welcomed five new members within the meeting, including Fondo Strategico Italiano Spa., Fundo Soberano de Angola, Joint Stock Company Sovereign Wealth Fund "Samruk-Kazyna," Nigeria Sovereign Investment Authority and Russian Direct Investment Fund.

Organizations in this story

Qatar Investment Authority Diplomatic St Doha, Doha

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