The data provider’s analysis found that Australia’s Future Fund, Norges Bank Investment Management and New Zealand’s NZ Super had the highest levels of governance, sustainability and resilience – or GSR. (Pic shows: Oystein Olsen (L), Governor of the Central Bank of Norway, and Nicolai Tangen follow a press conference on the employment contract for Tangen, who has been appointed new general manager of Norges Bank Investment Management, on May 28, 2020 in Oslo.)
DUBAI: The biggest wealth funds in the Middle East are the worst performers relative to peers when ranked by their commitment to governance and resilience.
A study of sovereign investors published by Global SWF singled out several of the largest entities in the region for insufficient disclosure and their lack of transparency.
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