The International Forum of Sovereign Wealth Funds has nominated US-based financial services Group State Street as one of its two official research partners.
Established in 2009, the International Forum of Sovereign Wealth Funds (IFSWF) is a global network of sovereign wealth funds which exchange views on issues of common interest and facilitate an understanding of sovereign wealth funds' activities and the Santiago Principles. The Forum has formalized a limited number of partnerships with world leading financial and academic partners.
Through this process State Street has been selected as one of the official research partners and will be working with the IFSWF and their members on research topics relevant to long term investors, such as asset allocation and investing in private markets, according to a statement sent on Thursday.
Advisory Services as the Focal Point
The first project will focus on investment and asset allocation strategies for the long term, and a second project will examine Sovereign Wealth Funds (SWFs) experiences investing in private versus public markets. The deliverable will be a white paper, co-authored by State Street and the group of SWFs, for each of the two topics. The papers will be presented to the broader membership at the 2016 annual meeting in Auckland New Zealand in November.
State Street Associates (SSA), State Street Global Exchange’s research and advisory services business, will be the focal point in State Street’s partnership with the IFSWF. It has been assigned to two specific research projects on which it will collaborate with a working group of SWFs.
Some of Most Sophistaced Investors
«The membership of the IFSWF includes some of the largest and most sophisticated investors in the world. As its research partner, State Street will draw on research, data, and analytics resources from across the firm that relate to long-horizon investing, asset allocation, and private market investments,» Will Kinlaw, senior vice president and global head of State Street Associates, said.