Sovereign Wealth Funds (SWFs) managed an incredible US$11.36 trillion globally by the end of 2022, surging elevenfold from the US$1 trillion in managed assets just 20 years ago.
The MADANI administration is also seeking to refocus Malaysia’s SWFs for economic transition on an unprecedented scale by placing government-backed VC agencies such as MAVCAP and Penjana Kapital under Khazanah Nasional.
Sarawak’s first SWF, the Sarawak Sovereign Wealth Future Fund (SSWFF) also presents opportunities for transparency and good governance.
Niaga Spotlight discusses the finer details for SWF management via regional and global best practices with Dr Elsa Satkunasingam, Director of Executive Education, Asia School of Business.
Watch here.
Originally published by Astro Awani.