... externalities affecting it. benchmarks benchmarking long-term investment legitimacy integrated policy liabilities governance structure fund management sovereign wealth funds SWF The four benchmarks of SWFs take into account the economic and political context of these funds’ creation and the role...

... the norm in the private equity and hedge fund sectors, and instead favors the enforcement of clawbacks should the fund perform poorly in the long run. sovereign wealth funds SWF short-term market investment benchmarks benchmarking market index investment policy fund management fund managers What...

... a comprehensive framework that encompasses management of flows and fiscal rules are an important tool in this comprehensive fiscal policy. The process of saving must be legitimized, so all stakeholders understand it; the goal is to have the funds available when needed. fund management benchmarks benchmarking...

... than having a commitment in the form of credit, contingent capital is a commitment in the form of equity capital. That commitment may be offered by long-term investors, in particular, SWFs. long-term investment short-term investment fund management investment strategies sovereign wealth funds SWF...