Indigenous investment principals
The Indigenous Investment Principles (Principles) are an Indigenous led initiative developed to support greater economic participation, development and resilience for Indigenous Peoples. The Principles draw on the Santiago Principles, international voluntary guidelines for Sovereign Wealth Funds (SWFs).
Development began at the ‘Growing with Governance’ Forum hosted by IBA in June 2014. Over 40 attendees including representatives of 22 Indigenous organisations formed an Indigenous led Working Group and Drafting Group to develop an agreed a set of voluntary investment principles specifically designed for Indigenous circumstances. David Murray AO, Chair of the International Forum of Sovereign Wealth Funds has provided invaluable support for this process.
The Principles are presented in two parts. The first articulates the key design elements of the Principles and a summary of their development. The second sets out the principles and explanatory across three primary themes:
(a) Community Circumstance and Purpose;
(b) Mandate and Governance; and
(c) Investment and Risk Management Framework.