SWF Radar

Sovereign wealth funds: Potential strategic tools for regional stability and social cohesion?

Posted by Editor on October 28, 2008 at 10:58 AM

Alessandro Bruno, a research analyst at Innovest Strategic Value Advisors, writes for Middle East Online that, “True ‘sustainable’ investment has at least three dimensions: economic, environmental, and social. With the conspicuous exception of Norway's Government Pension Fund - Global, Sovereign Wealth Funds (SWFs) have paid relatively little attention to the latter two dimensions. We believe that the embrace of Sustainable Investment (SI) approaches by the SWFs, particularly those in the Persian Gulf region, could pay important economic, social, environmental and even political dividends.”

To be fair, some of them haven’t been paying too much attention to the first dimension either this past year.

Comments

There are 0 comments on this post.