Investment Management of Trust Funds and Financial Intermediary Funds (Inglés)

For over 40 years, development partners have entrusted the World Bank with the financial management of their contributions to World Bank trust funds and Financial Intermediary Funds (FIFs). These resources complement the World Bank Group's mission to ...  Vea más + For over 40 years, development partners have entrusted the World Bank with the financial management of their contributions to World Bank trust funds and Financial Intermediary Funds (FIFs). These resources complement the World Bank Group's mission to end extreme poverty and promote shared prosperity in a sustainable way. Trust funds and FIFs allow for the scaling up of activities, notably in fragile and crisis situations; provide immediate assistance in response to natural disasters and other emergencies; and pilot innovations that may be later mainstreamed into the Bank's operations. The World Bank as Trustee receives and invests development partner contributions to trust funds and FIFs, until funds are disbursed to final recipients for development projects. Such investment management services aim to preserve donor funds and enhance their value. The trust funds and FIFs portfolio has grown over the years due to an increase in development partner contributions for multi-year projects, an increase in the number of trust funds managed by the World Bank and investment returns. As of 30 June 2018, the volume of liquid assets held by trust funds and FIFs reached 29.7 billion US Dollars. This brochure provides information on the World Ban'’s investment management services for development partners. The Trust Funds and Partner Relations Department (DFTPR) within the World Bank's Development Finance Vice Presidency (DFi) serves as the liaison between development partners and external/internal clients on strategy, policy, and program management, as well as financial and risk management oversight for trust funds and FIF assets managed by the World Bank Treasury. The World Bank Treasury has substantial expertise in asset and liability management and a global reputation as a prudent and innovative borrower, investor and risk manager. In managing funds for development partners, the World Bank follows a well-defined investment process, applying a conservative risk approach with ongoing oversight through the World Bank's financial governance structure.  Ver menos -