London, 23 April 2020 – The International Forum of Sovereign Wealth Funds (IFSWF) said today that it will canvas its members to produce research and insights into how long-term asset owners are responding to the crisis caused by the Covid-19 pandemic.
The Covid-19 pandemic has caused acute stress and volatility in financial markets not experienced since the global financial crisis. As long-term investors and significant sources of patient capital, IFSWF members have an important role to play in helping to stabilise both national economies and the global financial system.
IFSWF will seek to shed light on how sovereign wealth funds are collectively approaching the current situation. It will also demonstrate how they are collaborating to share best practices and insights at this challenging time.
Since the global impact of the pandemic became apparent, the IFSWF has worked with its research partners and members to hold online discussions for its members:
- COVID-19 pandemic & latest policy responses with State Street
- Understanding the Business Impacts of COVID-19 with PwC
- Communicating in a time of COVID: a guide for sovereign wealth funds with the Future Fund
- Organisation Resilience – Navigating Challenging Times with GIC
- Life in a Time of COVID-19: Pandemic Pandemonium, Prescriptions and Prognosis with Invesco
IFSWF and its members remain committed to the principle of open markets and the free flow of capital across the world.
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About the International Forum of Sovereign Wealth Funds
The International Forum of Sovereign Wealth Funds (IFSWF) is a voluntary organisation of global sovereign wealth funds committed to promoting good governance and investment management practices through dialogue, research and self-assessment. The IFSWF also seeks to promote a deeper understanding of sovereign wealth fund activity amongst government and financial services institutions.
Find out more at www.ifswf.org
Victoria Barbary, Director of Strategy & Communications, IFSWF, firstname.lastname@example.org