Over the years, the Philippines has considered creating a sovereign wealth fund (SWF) and has taken steps to study the potential merits and feasibility of establishing a SWF. As the fastest growing economy in Southeast Asia with expanding fiscal standing, growing foreign reserves, and a wealth of natural resources, a SWF can help to broaden the types of asset classes for investment and provide an alternative long-term investment vehicle for accumulating national savings and promoting growth and social development. With this in mind, the Milken Institute will convene a Financial Innovations Lab to consider perspectives on creating and managing a SWF. Topics for discussion include the fund's objective, legal structure, governance framework, investment strategy, and criteria for performance evaluation. The Lab will examine case studies of SWFs around the world, assess their investment strategies and operational structures, and consider the case for the Philippines.