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Economics

The Political Economy of Sovereign Wealth Fund Transparency

Quick fact

The 'Santiago Principles,' adopted in 2008, are a voluntary set of transparency and governance guidelines for sovereign wealth funds, yet compliance is patchy—some funds publish detailed portfolios, while others disclose almost nothing.

Why this is interesting

You've probably heard of secretive state funds like Norway's oil fund, but did you know that some of the world's largest funds operate with almost no public reporting?