Browsing: sovereign wealth funds

Posts Tagged ‘ sovereign wealth funds ’

Sovereign Wealth Funds, UN Goals, and Hedge Fund Fees

Jan 30th, 2018 | Filed under: Newly Added, Institutional Investing, Hedge Funds, Institutional Asset Management, Fees, Structure of the Hedge Funds Industry, Allocating to A.I.

Dr. Rajiv Sharma has written an extensive literature review of “sovereign wealth funds’ investment in sustainable development sectors” for the UN sponsored high-level conference on Financing for Development. Sharma is research director, global projects center, at Stanford University. He writes in this review that there are “a number of issuesRead More


Sovereign Wealth Funds: Partners and Capability

Sep 7th, 2017 | Filed under: Newly Added, Alpha & Beta, Institutional Investing, Institutional Asset Management, Allocating to A.I.

Sometimes it pays to read footnotes and end matter, because that turns out to be where the story is. Bocconi University’s Sovereign Investment Lab has published its latest annual report on sovereign wealth funds, and this gives us a case in point. The report says that 2016 was far fromRead More


Evidence that Sovereign Wealth Funds Mitigate the Agency Problem

May 21st, 2017 | Filed under: Newly Added, CAPM / Alpha Theory, Financial Economics Theory, Finance & Economics

Ever since the 1930s, scholars have discussed the “agency problem” built into the structure of publicly owned corporations. This was a theme of Ronald Coase’s landmark article, “The nature of the firm” in 1937. Shareholders presumably want a company managed in a way that maximizes their – the shareholders’ –Read More


SWFs: Growth Slows but Continues

May 4th, 2017 | Filed under: Newly Added, Institutional Investing, Institutional Asset Management, Allocating to A.I.

Preqin’s new Sovereign Wealth Fund Review makes the point that total assets under the management of SWFs continue to grow, but the rate of growth is notably slowing. This graph, measuring in US$ trillions, illustrates the growth trend since the financial crisis. Although the space grew by $.76 trillion betweenRead More