Santiago Principles

The 24 Generally Accepted Principles and Practices for sovereign wealth funds, usually referred to as the "Santiago Principles", are the cornerstone of the IFSWF. The Principles are designed to promote good governance, accountability, transparency and prudent investment practices whilst encouraging a more open dialogue and deeper understanding of SWF activities.

All IFSWF members voluntarily endorse the Principles and seek to implement them in their governance and investment practices. 

As part of its work the IFSWF encourages members to undertake regular self assessments and provide case studies on their practices.

The Santiago Principles and our published case studies are available for download below.

  • These case studies exemplify how IFSWF members endorse the Santiago Principles in practice.

  • The Kuwait Declaration establishes the IFSWF on 9 April 2009 as the successor to the International Working Group.

  • The Santiago Principles are 24 generally accepted principles and practices voluntarily endorsed by IFSWF members.