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<div><span class="fr-img-caption fr-fic fr-dib" style="width:950px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/1721361069595Maharlika logo.jpg" style="width:950px" class="fr-fic fr-dib" alt="Maharlika Investment Corporation logo"/><span class="fr-inner" style="text-align:left">Maharlika Investment Corporation logo</span></span></span></div><p>MANILA -- The Maharlika Investment Corporation (MIC) is now a member of the International Forum of Sovereign Wealth Funds (IFSWF).</p><p>In a statement, the Department of Finance (DOF) said membership in the organization gives the Philippines access to a global network of experts, allowing the managers of its sovereign wealth fund to learn from their peers.</p><p>As an IFSWF member, the MIC can attend the group&#x27;s annual general meeting in Muscat, Oman in November to discuss key global topics impacting investors, said its president and CEO Rafael Consing. </p><p>The DOF also said that the MIC has finalized its investment and risk management framework, which now allows it to begin engaging with investors. </p><div><span id="isPasted" style="color:rgb(0, 0, 0);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">The Maharlika Investment Corporation (MIC) is the governing body behind the Maharlika Investment Fund (MIF), the Philippines&#x27; first sovereign wealth fund.</span></div><div><span id="isPasted">It is eyeing investments in the following sectors to <span id="isPasted" style="color:rgb(0, 0, 0);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">achieve multigenerational commercial, economic, and social wealth for the Philippines: infrastructure; oil, gas, and power; agroforestry industrial urbanization; mineral processing; tourism; transportation; and aerospace and aviation.</span></span></div><div><a href="https://news.abs-cbn.com/business/01/04/24/maharlika-identifies-industries-for-potential-investment">Maharlika identifies industries for potential investment</a></div><div><a href="https://news.abs-cbn.com/business/2024/4/29/maharlika-inks-mindoro-power-deal-eyes-investments-in-clark-1924">Maharlika inks Mindoro power deal, eyes investments in Clark</a></div><div><strong>RELATED STORY:</strong></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/D3ZSoRw77zY?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div><style type="text/css" id="isPasted">
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<p>The Maharlika Investment Corporation (MIC) is now a member of the International Forum of Sovereign Wealth Funds.</p>

The Maharlika Investment Corporation (MIC) is now a member of the International Forum of Sovereign Wealth Funds.

Maharlika joins int’l org of sovereign wealth funds | ABS-CBN

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Maharlika joins int’l org of sovereign wealth funds

Maharlika joins int’l org of sovereign wealth funds

ABS-CBN News

Published Jul 19, 2024 12:16 PM PHT

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