6 Sep 2017 13:08

Over 200 delegates to arrive in Astana for IFSWF meeting hosted by Kazakhstan in Sept

ASTANA. Sept 6 (Interfax) - The Samruk-Kazyna National Wealth Fund will be hosting the first annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) in Central Asia, from 5 to 7 September in Astana.

The forum participants will discuss the global investment environment, risk management in uncertain global markets, asset allocation in a low-return world, private equity transaction, developing a digital economy, the role of sovereign wealth funds in privatization and many other topics.

"Day one will be addressing new frontiers in risk management and asset allocation, as well as discussing new trends in environmental, social and governance (ESG) issues across asset classes and the effects of technological disruption on the investment environment. Following the annual general meeting on the second day, we will ask members to participate in scenario planning and private equity workshops. The final day will be open to selected participants from the private sector and the media. We will look at the role of sovereign development funds, opportunities for investing in privatization and China's "One Belt, One Road" initiative, and also tour the Astana Expo," IFSWF said.

Top-managers of more than 20 leading world sovereign wealth funds such as Khazanah Nasional Berhad (Malaysia), China Investment Corporation (PRC), the Russian Direct Investment Fund (Russia), Qatar Investment Authority (Qatar), CDP Equity SpA (Italy, Kuwait Investment Authority (Kuwait) will join the forum's panel meetings and workshops.

At the IFSWF meeting in Astana, Samruk-Kazyna plans to sign Memoranda of Understanding with the World Bank, Italy's CDP Equity sovereign wealth fund, and GE Digital.

The Samruk-Kazyna National Wealth Fund was organized in 2008 through a merger of the Kazyna Sustainable Development Fund and Samruk Holding for State Assets Management. Samruk-Kazyna owns and operates Kazakh strategic assets totaling over 16 trillion tenge ($90 billion) in value. The assets include Air Astana, Kazakhtelecom, Kazatomprom, KazMunayGas, KazPost and others.