Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
At the 2019 Finance and Economic Ministers Meeting (FEMM), policy makers called for improved transparency of the Pacific trust funds’ management practices and investment results as a way to foster its improved management going forward. FEMM tasked...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/986341636362936765/Analysis-of-Pacific-National-Funds-Investment-Strategies-and-Results-Regional-Comparative-Study http://hdl.handle.net/10986/36608 |
| Summary: | At the 2019 Finance and Economic
Ministers Meeting (FEMM), policy makers called for improved
transparency of the Pacific trust funds’ management
practices and investment results as a way to foster its
improved management going forward. FEMM tasked the World
Bank to undertake the study. Whereas significant progress
has been made in establishing international best practices
for sovereign or large public funds or both, trust funds in
the Pacific are unique in making direct application of those
practices challenging. Furthermore, the comparative analysis
of the management practices and relevant performance metrics
of Pacific trust funds are still lacking. FEMM’s objective
for disclosing comparative analysis of Pacific funds
investment results is to further stimulate collaborative
discussion on how to continue to strengthen Pacific funds’
management and to inform the design and implementation of
relevant reforms. In response to the FEMM request, this note
will address the current vacuum of comparable information
about Pacific funds’ investment management practices
building on: (a) the World Bank engagements with the funds
over the past five years; and (b) relevant information
provided by those funds specifically for this analysis. This
comparative study is meant to inform policy and
decisionmakers governing the funds on the effect of their
investment governance decisions on performance of the funds
over the medium to long term. |
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