Maharlika Wealth Fund

Maharlika Investment Corporation
Company typeState-owned
IndustryFund management (sovereign wealth fund)
FoundedJuly 18, 2023
Founder19th Congress under the administration of President Bongbong Marcos
Headquarters
Key people
Ralph Recto (Chairperson[a])
Rafael Consing, Jr. (President and CEO)
AUMIncrease US$2.26 billion (2023) "Maharlika Philippines (MIF)".
Websitemaharlika.dof.gov.ph

The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC).[1] The MIF is the Philippines' first sovereign wealth fund. It will be allocated across a variety of assets, including foreign currencies, fixed-income instruments, domestic and foreign corporate bonds, commercial real estate, and infrastructure projects.The MIF is expected to generate returns that support the government's economic goals, as outlined in the Medium-Term Fiscal Framework, the eight-point Socioeconomic Agenda, and the Philippine Development Plan.

MIF Act of 2023 signing


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  1. ^ "What is the Maharlika Investment Fund all about?". PIA. July 18, 2023. Retrieved July 24, 2023.