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...

Full description

Bibliographic Details
Main Authors: Gratcheva, Ekaterina M., Emery, Teal
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
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
id okr-10986-36608
recordtype oai_dc
spelling okr-10986-366082022-03-22T15:38:47Z Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study Gratcheva, Ekaterina M. Emery, Teal PUBLIC INVESTMENT MANAGEMENT PUBLIC INVESTMENT STRATEGY MARKET VOLATILITY PANDEMIC IMPACT 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. 2021-11-18T21:25:04Z 2021-11-18T21:25:04Z 2021-11-08 Report 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 English Equitable Growth, Finance and Institutions Insight; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Public Investment Review East Asia and Pacific Oceania Kiribati Micronesia, Federated States of Tuvalu
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PUBLIC INVESTMENT MANAGEMENT
PUBLIC INVESTMENT STRATEGY
MARKET VOLATILITY
PANDEMIC IMPACT
spellingShingle PUBLIC INVESTMENT MANAGEMENT
PUBLIC INVESTMENT STRATEGY
MARKET VOLATILITY
PANDEMIC IMPACT
Gratcheva, Ekaterina M.
Emery, Teal
Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
geographic_facet East Asia and Pacific
Oceania
Kiribati
Micronesia, Federated States of
Tuvalu
relation Equitable Growth, Finance and Institutions Insight;
description 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.
format Report
author Gratcheva, Ekaterina M.
Emery, Teal
author_facet Gratcheva, Ekaterina M.
Emery, Teal
author_sort Gratcheva, Ekaterina M.
title Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
title_short Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
title_full Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
title_fullStr Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
title_full_unstemmed Analysis of Pacific National Funds Investment Strategies and Results : Regional Comparative Study
title_sort analysis of pacific national funds investment strategies and results : regional comparative study
publisher World Bank, Washington, DC
publishDate 2021
url 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
_version_ 1764485536009945088