Tag: wealth fund
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The Maharlika Investment Fund (MIF): A critical examination of the Philippines’ proposed sovereign wealth fund
Sovereign Wealth Funds (SWFs) are state-owned investment funds that are used by countries to benefit their economies and citizens. They consist of various types of assets such as stocks, bonds, real estate, or other financial instruments, often derived from a nation’s surplus reserves. The concept of SWFs originated in the mid-20th century, pioneered by countries with…