Press Release
The Fondo de Ahorro de Panamá is recognized as the best Sovereign Wealth Fund in Latin America according to Global SWF in its annual Report on Governance, Sustainability and Resilience
Panama | July 7, 2022
The Fondo de Ahorro de Panamá (“FAP” or “Fund”) has been recognized as the Best Sovereign Fund of 11 funds analyzed in Latin America and 200 funds analyzed worldwide, where it obtained a score of 84%, which is above of the world average of approximately 59%, according to the Global SWF (“GSWF”) report, which assesses the levels of Governance, Sustainability and Resilience (“GSR”) of the leading state funds worldwide.
The GSWF has become a benchmark for measuring the sovereign wealth fund industry best practices through its rigorous, quantitative, and independent study.
The scoring is based on twenty-five different elements: 10 related to governance, 10 to sustainability, and five to resilience on an equal-weighted based on publicly available information.
More details about GSWF Report 2022 can be accessed by clicking here:
https://globalswf.com/reports/2022gsr
About the Fondo de Ahorro de Panama
The Fund was created by Law 38 of June 5, 2012, whose main objectives are:
Establish a long-term savings mechanism for the Panamanian State; and
Establish a stabilization mechanism in case of a state of emergency (declared by the Cabinet’s Council) and economic slowdowns.
Contact: Administration, +507-394-5776/5706, administrador@fondoahorropanama.com
For additional information visit www.fondoahorropanama.com
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