Do investment determinants and effects vary across sovereign wealth fund categories? A firm-level analysis
Sign Up to like & getrecommendations! Published in 2019 at "Emerging Markets Review"
DOI: 10.1016/j.ememar.2018.12.004
Abstract: Abstract This paper investigates whether determinants and effects of sovereign wealth funds (SWFs) investment vary across types of funds. To address this issue, we classify SWFs based on their scope and the origin of wealth.… read more here.
Keywords: wealth; investment; determinants effects; vary across ... See more keywords
The long-term impact of sovereign wealth fund investments
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Financial Markets"
DOI: 10.1016/j.finmar.2018.08.004
Abstract: Abstract In this study, we examine the long-term impact of sovereign wealth fund (SWF) investments on target firms' value, return volatility, and crash risk. We find that SWF investments generally underperform stock markets in the… read more here.
Keywords: impact sovereign; wealth fund; long term; term impact ... See more keywords
Back to government ownership: The Sovereign Wealth Funds phenomenon
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DOI: 10.1016/j.frl.2019.07.018
Abstract: Abstract In this paper, we discuss the sovereign wealth fund (SWF) phenomenon from a government ownership point of view. We emphasize on the contrast between the soft budget constraint view and the political view, and… read more here.
Keywords: ownership sovereign; sovereign wealth; government ownership; back government ... See more keywords
Does political risk matter for sovereign wealth funds? International evidence
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DOI: 10.1016/j.irfa.2018.07.013
Abstract: Abstract We investigate the impact of political risk on the investment decisions of sovereign wealth funds (SWFs). Using an international sample of 302 targets involved in 427 SWFs' deals, we find that political risk matters… read more here.
Keywords: risk; matter; political risk; sovereign wealth ... See more keywords
Assessing the effects of adding Timberland and Farmland into resource-based Sovereign Wealth Fund portfolios
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Economics and Business"
DOI: 10.1016/j.jeconbus.2017.01.002
Abstract: Sovereign Wealth Funds (SWFs) have been prompted to reconsider their traditional asset allocations given the underperformance of equity markets post-2008 financial crisis and the collapse of commodity prices in recent years. Timberland and farmland investments… read more here.
Keywords: farmland; risk; sovereign wealth; timberland farmland ... See more keywords
Tools of regime stability: the political economy of sovereign wealth funds in Gulf rentier states
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DOI: 10.1080/09692290.2024.2325394
Abstract: Abstract Why have Gulf resource-dependent countries transformed the role of their sovereign wealth funds (SWFs) from passive global investors to ubiquitous drivers of economic development? How does this role-change operate amidst fiscal scarcity, confounding macroeconomic… read more here.
Keywords: tools regime; regime stability; wealth funds; sovereign wealth ... See more keywords
Sovereign wealth funds, shareholder activism and socially responsible investing: impact on corporate governance and sustainability
Sign Up to like & getrecommendations! Published in 2018 at "International Journal of Green Economics"
DOI: 10.1504/ijge.2018.10018621
Abstract: Institutional shareholder activism is usually discussed within the business. Sovereign wealth funds (SWFs), as long-term institutional investors, are stepping into the sustainable investment movement and corporate governance discussion. But studies, from the regulatory perspective, that… read more here.
Keywords: shareholder; shareholder activism; sovereign wealth; corporate governance ... See more keywords
Patterns and Trends in Sovereign Wealth Fund Investments: A Post-Crisis Descriptive Analysis
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DOI: 10.22059/ier.2017.64079
Abstract: A nalyzing more than 9,400 investment transactions performed by 32 sovereign wealth funds (SWFs), from 23 countries, and targeted towards 77 countries, between 2010 and 2013, this study highlights some of the most important visible… read more here.
Keywords: wealth fund; patterns trends; sovereign wealth; swf investments ... See more keywords
Sovereign Wealth Funds as Sustainability Instruments? Disclosure of Sustainability Criteria in Worldwide Comparison
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DOI: 10.3390/su13105565
Abstract: Sovereign wealth funds (SWFs) are state-owned investment vehicles intended to pursue national objectives. Their nature as long-term investors combined with their political mandate could make SWFs an instrument suited to promote sustainability. As an essential… read more here.
Keywords: disclosure; wealth funds; sustainability; sustainability criteria ... See more keywords