This chapter encapsulates the most recent findings on sovereign wealth fund (SWF) investment activity globally. The key …, SWF allocation strategies, their recent investment behavior and its likely evolution in the foreseeable future …

This paper examines the role conviction plays in asset management and its relationship with investment returns. We … measure the strength of fund manager conviction through a fund’s Active Share, i.e., the extent to which an investment …

This paper presents a model for stress testing investment funds, based on a broad worldwide sample of primary open …

In order to increase personal saving and investment and to promote tax neutrality among various investment vehicles … mutual fund capital gain distributions unfairly discriminates against taxpayers seeking the investment benefits of … incur. Since mutual funds are a popular vehicle for saving and investment of middle-income households, this tax reform would …

distorting corporate investment and financing decisions, investor portfolio allocation decisions, fund manager skill assessments …

We analyze a unique, comprehensive, multi-decade dataset of all communications with clients by a boutique investment … advisory and investment management firm to explore the behavior of individuals involved in financial decision making. We … propose and test a theory of self-regulation to explain both the appeal and the value of investment managers to individual …