Middle East Economic Survey

VOL. LII

No 15

13-Apr-2009

REGIONAL

Carnegie Says SWFs Need To Demonstrate Commitment To Joining International Market

Sovereign wealth funds (SWFs) need to demonstrate that they can sustain their move towards higher levels of governance, transparency and accountability, according to Carnegie Middle East Center Associate Scholar Sven Behrendt. While the Santiago Principles published by the International Working Group of Sovereign Wealth Funds (IWG) in October 2008 (MEES,...