Wolpertinger 2012 (Annual Conference of European Teachers in Banking and Finance)
Place:
Malta
Period:
29/08/2012 - 02/09/2012
Page numbers:
1-24
Keyword:
Sovereign wealth funds (SWFs); investitori istituzionali; asset allocation; political bias
Short description of contents:
Based on a sample of 56 sovereign wealth funds (SWFs), the aim of the paper was to conduct a comparative analysis of SWFs and other asset management vehicles to verify whether SWFs can be considered institutional investors. Analysis focused on SWF asset allocations in a period that included the subprime mortgage crises (2007-2010), as well as on ‘political bias’. The results indicate that, while in the medium to long term SWFs use the same investment logic as institutional investors, in the short-term, there were other investment motivations beyond maximizing risk-return ratio.
Product ID:
74125
Handle IRIS:
11562/476130
Deposited On:
November 12, 2012
Last Modified:
October 24, 2022
Bibliographic citation:
Paltrinieri, A.; Pichler, Flavio,
Are Sovereign Wealth Funds Different? in Wolpertinger 2012 (Annual Conference of European Teachers in Banking and Finance)
, Proceedings of "Wolpertinger 2012 (Annual Conference of European Teachers in Banking and Finance)"
, Malta
, 29/08/2012 - 02/09/2012
, 2012
, pp. 1-24