Chinggis Khaan Sovereign Wealth Fund Presented to the American Chamber of Commerce in Mongolia
Ulaanbaatar — At the invitation of the American Chamber of Commerce in Mongolia (AmCham Mongolia), B. Temuulen, CEO of "Chinggis Khaan Sovereign Wealth Fund" LLC, delivered a comprehensive presentation regarding the Fund to AmCham members, diplomatic missions, and representatives of international organizations.
During the meeting, the Ms. Temuulen introduced the Sovereign Wealth Fund Law, which was enacted in 2024. She outlined the current status of the Future Heritage Fund, the Savings Fund, and the Development Fund, highlighting their critical roles in ensuring macroeconomic stability. Furthermore, she briefed the attendees on how the Sovereign Wealth Fund has already positively influenced Mongolia's credit rating and facilitated the issuance of lower-yield government bonds.
In her presentation, Ms. Temuulen emphasized that the company is actively pursuing the adoption of the Santiago Principles—the recognized global standard for sovereign wealth funds. She underscored the company's unwavering focus on establishing an independent, responsible, and transparent investment management framework.
O. Adiya, Executive Director of AmCham Mongolia, expressed his appreciation for the Fund's initiatives. He commended the ongoing efforts to build a sustainable, internationally compliant asset management system and to foster mutual understanding with the private sector. These steps, he noted, are essential for achieving the ultimate goal of distributing natural resource wealth equitably and fairly among the citizens of Mongolia.
Following the main presentation, an interactive Q&A session was held, allowing representatives from AmCham member organizations to exchange views and discuss key topics with the company's leadership in detail.