They call it "sovereign wealth fund." Or in local parlance, as proposed by House Bill No. Sovereign wealth funds (SWFs) are essentially government-backed entities which invest foreign currency reserves, typically implemented by nations with sufficient fiscal space and resilience. Created in 1953 as the Kuwait Investment Board, the Kuwait Investment Authority (KIA) is regarded as the longest standing sovereign wealth fund in the world. For instance, two proposals to create a Philippine Sovereign Wealth Fund were made in the Senate by Former Senator Paolo Benigno "Bam" Aquino (October 19, 2016), and Senator Joseph Victor "JV" Ejercito (March 21, 2018) during the 17th Congress. Read more in our articles including "FAQ: What do we know about the Maharlika Investments Fund?" and "SEC approves rules and regulations on crowd-funding".
To date, some 200 of them have been formed in more or less 50 nations…
Dec 3, 2022
The Securities and Exchange Commission (SEC) has approved the rules and regulations on crowd-funding schemes…
Jul 9, 2019The Court of Appeals has placed a TRO (temporary restraining order) on the demand of…
Aug 24, 2014
The Bureau of Internal Revenue (BIR) released a new memorandum announcing the availability of the…
May 26, 2026
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May 23, 2026
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May 8, 2026They call it "sovereign wealth fund." Or in local parlance, as proposed by House Bill No. Sovereign wealth funds (SWFs) are essentially government-backed entities which invest foreign currency reserves, typically implemented by nations with sufficient fiscal space and resilience.
Created in 1953 as the Kuwait Investment Board, the Kuwait Investment Authority (KIA) is regarded as the longest standing sovereign wealth fund in the world. For instance, two proposals to create a Philippine Sovereign Wealth Fund were made in the Senate by Former Senator Paolo Benigno "Bam" Aquino (October 19, 2016), and Senator Joseph Victor "JV" Ejercito (March 21, 2018) during the 17th Congress.
Our coverage of sovereign wealth fund includes: "FAQ: What do we know about the Maharlika Investments Fund?"; "SEC approves rules and regulations on crowd-funding"; "Court of Appeals stops refund order of NTC". Each article provides unique insights and information.