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World Bank

Global Market Development
World Bank–Milken Institute Public Financial Asset Management Program

What We Do

Today sovereign wealth funds and public pension funds manage almost $32 trillion in assets, and central banks manage more than $11 trillion in reserves worldwide. Financial markets, technology, and the complexity of strategies behind investment management and fund governance are rapidly evolving—making it crucial for developing and emerging economies to design a carefully structured approach for the governance and management of public financial assets.

The World Bank–Milken Institute Public Financial Asset Management Program at Bayes Business School aims to address this need by equipping public pension funds, sovereign wealth funds, central banks, and pension fund regulators with the tools needed to effectively manage sovereign financial wealth, prudently expand their asset eligibility, and ultimately to achieve economic stability and support long-term prosperity for future generations.

The World Bank - Milken Institute Public Financial Asset Management Program

Building on the success of the IFC- Milken Institute Capital Markets Program, we are now launching a new training partnership, The World Bank - Milken Institute Public Financial Asset Management Program. Find out more about the program in the brochure linked below.

Read the Program Brochure
World Bank-Milken Institute Public Financial Asset Management Program timeline June 2023