Maharlika Wealth Fund
Proposed sovereign wealth fund for the Philippines / From Wikipedia, the free encyclopedia
The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC).[1] The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign currencies, fixed-income instruments, domestic and foreign corporate bonds, commercial real estate, and infrastructure projects.The MIF is expected to generate returns that support the government's economic goals, as outlined in the Medium-Term Fiscal Framework, the eight-point Socioeconomic Agenda, and the Philippine Development Plan.
Quick Facts Company type, Industry ...
Company type | State-owned |
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Industry | Finance |
Founded | July 18, 2023 |
Founder | 19th Congress under the administration of President Bongbong Marcos |
Area served | Philippines |
Key people | Ralph Recto (Chairperson[lower-alpha 1]) Rafael Consing, Jr. (President and CEO) |
Services | Sovereign wealth fund management |
Owner | Government of the Philippines |
Website | maharlika |
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