Sovereign funds urged to tackle short-termism
The IFSWF chairman has exhorted his sovereign wealth fund peers to use their deep pockets and influence to address the world's long-term challenges.
State investors from China to Italy to Nigeria should help tackle the global risks posed by demographics, climate change and, in particular, short-termism, urged the chairman of the International Forum of Sovereign Wealth Funds (IFSWF).
Adrian Orr, chairman of the IFSWF and chief executive of New Zealand Superannuation Fund, exhorted his fellow fund executives to address these issues while speaking at the trade body’s annual meeting, held this year in Astana, Kazakhstan. The …
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