Please login to print this page

Ashby Monk, Ph.D., executive director of the Global Projects Center at Stanford University and a senior research associate at the University of Oxford, has been blogging about sovereign and pension funds since 2008. 

Follow him on Twitter at @sovereignfund.

Recent Post

Individually Rational and Collectively Crazy

Why I Go to Australia. A Lot.

When it comes to investing edge: Advantage, Giants.

The Key to Saving Is Gambling. Seriously.

Weekend Reading

Here now, the news:

- Harvard is creating an alternative endowment for alumni that want their donated money invested according to social criteria.

- Mozambique has plans to create a new sovereign wealth fund.

- China has scrapped its QFII restrictions for sovereign funds and central banks of foreign countries. 

- That NYCTRS is committing $1 billion to the Sandy Reconstruction effort is nice... But is it within the pension fund's mandate? I'm not so sure...

- European pensions are cutting their illiquid exposure just as, it seems to me, North American funds are ramping them up.

- The portfolio companies of Kazakhstan's Samruk-Kazyna are expanding rapidly.

- The OECD has called on Australia to launch a new stabilization fund to smooth mining revenues and avoid Dutch Disease:

And then here’s some interesting research:

- Here’s a paper wherein I (with some co-authors) try to develop a creative financing vehicle ("iCoop”) to help investors access infrastructure opportunities on an aligned basis.

- Here’s a new paper that examines the firm-level implications of equity purchases by the state. It's worth a gander. 

- Here’s an interesting paper examining the governance challenges associated with sustainable investment policies among institutional investors.

Have a nice weekend!