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Timor-Leste Petroleum Fund

Index Timor-Leste Petroleum Fund

The Timor-Leste Petroleum Fund (Fundo petrolífero de Timor-Leste) is a sovereign wealth fund into which the surplus wealth produced by East Timor petroleum and gas income is deposited by the East Timorese government. [1]

6 relations: Dagens Næringsliv, Earnings, East Timor, International Forum of Sovereign Wealth Funds, Santiago Principles, Sovereign wealth fund.

Dagens Næringsliv

Dagens Næringsliv (Norwegian for "Today's Business"), commonly known as DN, is a Norwegian newspaper specializing in business news.

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Earnings

Earnings are the net benefits of a corporation's operation.

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East Timor

East Timor or Timor-Leste (Tetum: Timór Lorosa'e), officially the Democratic Republic of Timor-Leste (República Democrática de Timor-Leste, Repúblika Demokrátika Timór-Leste), is a sovereign state in Maritime Southeast Asia.

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International Forum of Sovereign Wealth Funds

The International Forum of Sovereign Wealth Funds (IFSWF) is a nonprofit international group of sovereign wealth funds managers which was established in 2009.

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Santiago Principles

The Santiago Principles or formally the Sovereign Wealth Funds: Generally Accepted Principles and Practices (GAPP) are designed as a common global set of 24 voluntary guidelines that assign best practices for the operations of Sovereign Wealth Funds (SWFs).

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Sovereign wealth fund

A sovereign wealth fund (SWF) or sovereign investment fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds.

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References

[1] https://en.wikipedia.org/wiki/Timor-Leste_Petroleum_Fund

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