Reconciling Transparency and Long-Term Investing in Sovereign Funds

Adam D Dixon, Ashby Monk

Research output: Contribution to journalArticle (Academic Journal)peer-review

7 Citations (Scopus)

Abstract

One of the potential consequences of the international community's focus on transparency and commercial orientation, when it comes to sovereign wealth funds, has been to shorten the latter's investment time horizons. As a result, these theoretically long-term investors are pressured into behaving like many short-term investors in the marketplace today, pushed by structural conditions that demand short-term performance in order to secure legitimacy. In evaluating the tension between transparency and long-term investing, we offer a conceptual framework for thinking through different types of transparency pertaining to the investment process as a means of discussing and communicating acceptable and non-acceptable asymmetric information in relation to financial performance.
Original languageEnglish
Pages (from-to)275
Number of pages286
JournalJournal of Sustainable Finance and Investment
Volume2
Issue number3-4
DOIs
Publication statusPublished - 2012

Fingerprint Dive into the research topics of 'Reconciling Transparency and Long-Term Investing in Sovereign Funds'. Together they form a unique fingerprint.

Cite this