Sovereign Wealth Fund Investments: From Firm-level Preferences toShare on:
investment, can exacerbate these differences. In this paper, I ask how equity portfolio allocations of sovereign wealth funds are affected by firm determinants and ...
Firm values and sovereign wealth fund investments - ScienceDirect
We analyze the impact of sovereign wealth fund (SWF) investments on firm values and provide evidence consistent with the tradeoff between the monitoring and ...
Friends or Foes? The Stock Price Impact of Sovereign Wealth Fund
Wealth Fund Investments and the Price of Keeping Secrets. Jason Kotter ... wealth effects of SWF investments on shareholders of target firms. Specifically, we.
The Impact of Sovereign Wealth Fund Investments on Listed United
wealth funds have recently become much more active investing in equity in the ... sovereign wealth funds purchase in United States companies is relatively small ...
Sovereign Wealth Fund Investment in the US - American Bar
Sovereign wealth funds are private equity investment vehicles ... purchasing parent company stock through a combined private stock purchase and tender offer.
The Investment Strategies of Sovereign Wealth Funds - Stanford
are more likely to support domestic firms and invest in segments and markets with ... Sovereign wealth funds (SWFs), in addition to being major investors in ...
Sovereign Wealth Fund Investments and Firm Value - Canadian
Sep 25, 2015 ... Keywords: sovereign wealth fund, investment, transparency, firm ... this allows us to confirm the positive impact of SWF investments on the ...
Firm Values and Sovereign Wealth Fund Investments
Mar 3, 2009 ... Sovereign Wealth Funds (SWFs) manage investment portfolios on behalf of ... stock return for firms that attract SWF investments is positive and ...
The impact of Sovereign Wealth Fund investments - Hal-SHS
Jan 10, 2012 ... The impact of Sovereign Wealth Fund investments on the performance of listed companies. Bao Ngoc Dinh. To cite this version: Bao Ngoc Dinh ...
Sovereign Wealth Funds: Investment Choices and - Harald Hau
Keywords: Sovereign Wealth Funds, International Capital Markets, Investment ... analyze the impact of SWF investments in firms, based on the abnormal returns.
The Investment Strategies of Sovereign Wealth Funds - Harvard
The role of sovereign wealth funds (SWFs) in the global financial system has .... [ 2008] considers the financial impact of SWF investments in listed companies ...
Download - International Forum of Sovereign Wealth Funds
trends of sovereign fund investment activity worldwide and conducts path- breaking research on ... We are glad to present our annual report on SWF investment in 2015. The reader ... Morocco, owning stakes in companies deemed strategic for ...
Bocconi SIL 2016 Report.pdf
Determinants of Sovereign Wealth Fund Investment in Private Equity
This paper examines investments of 50 sovereign wealth funds (SWFs) in 903 .... equity investment (we refer to the SWF investment in private firm securities as.
quiet leviathans: sovereign wealth fund investment, passivity, and
Oct 25, 2010 ... Using a sample of 802 investments by 18 Sovereign Wealth Funds (SWFs) ... Wealth Fund Investment, Passivity, and the Value of the Firm.
The Sovereign Wealth Fund Discount - Bernardo Bortolotti
Sep 5, 2013 ... Investment Laboratory's workshop on Sovereign Wealth Funds, Long-Term ... that SWFs have a positive impact on firm value as investors.
Sovereign Wealth Fund Investments in the US - Cass Business School
Foreign and politically connected large investors, like Sovereign Wealth Funds. ( SWFs) .... The SWF target firms generally outperform hedge fund target firms.
Sovereign Wealth Funds Investment Effects on Target Firms - EFMA
shows that the impact of sovereign wealth funds acquisitions on target firms' competitors ... sovereign wealth funds cross-border investment activities. Key words: ...
the financial impact of sovereign wealth fund investments in listed
Jun 19, 2008 ... Fund (SWF) investments in the stock of listed companies around the world ... Keywords: Sovereign wealth funds, International financial markets, ...
Sovereign Wealth Funds: An Exploratory Study of Their Behavior
positions in a manner indicating that allowing SWFs to invest in firms within their ..... sovereign wealth fund” for the purpose of investing in Muslim economies, ...
2015 Preqin Sovereign Wealth Fund Review: Exclusive Extract
of sovereign wealth funds, potential investments in highly illiquid asset classes and ..... from oil and coal companies to uphold its new strategy to combat.