Amid ‘potential risks,’ Maharlika’s success will depend on management – AMRO

Amid ‘potential risks,’ Maharlika’s success will depend on management – AMRO

MANILA, Philippines – The Maharlika Investment Fund (MIF) still faces “potential risks” that could jeopardize its success depending on how its management body operates the fund, according to a report by the ASEAN+3 Macroeconomic Research Office (AMRO). The independent regional think tank noted that the MIF already has a “strong legal framework,” but the government must ensure that the fund is “run by professionals,” with an independent board of …