‘It is not run by the government. It is run by professional fund managers, and that is one of the main assurances that I had to give,’ President Ferdinand Marcos Jr. also says about the Maharlika fund

“​​We are witnessing a growing interest for investments in the MIF (Maharlika Investment Fund) from multilateral financial institutions and foreign investors. With the regulatory requirements in place, and after securing the seed capital from state-run institutions, we are confident that the fund will be operational by year-end,” said Diokno in a statement on Friday, September 15.