, and real asset funds ("alternative asset funds") from 52 countries around the world over the years 1995-2020. The data … earn a lower financial return consistent with strategic and political SWF investment motives. …

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 …

developed by these investment vehicles on the financial markets are linked to the 2007-2009 financial crisis. While hedge funds …. The perception of the activities of these investment vehicles and a lack of transparency raise challenges for regulators …

, which is more than the assets of Private Equity and Hedge Funds together. Although the objectives and investment strategies … with resources and investment objectives. The first group of SWFs depends on funds generated from the extraction of natural … invests strategically to ensure the availability of resources or technology. The main investment objective of these funds may …

; fundamental analysis ; personal characteristics ; investment behavior …