The fee payable to external fund managers for managing assets under the planned Sovereign Wealth Fund (SWF) has been capped at two percent, in a bid to ensure prudent utilisation of funds.
The National Assembly’s Finance and National Planning committee has also amended the Third Schedule of the Sovereign Wealth Fund Bill, 2026 to include a requirement for the disclosure of details of all fees paid to investment fund managers and any other service providers to safeguard the Fund.
