The consequences and management of ambiguity for long-term investors

Thesis

This thesis responds to the question 'how can sovereign wealth funds manage ambiguity in their decision-making so as to implement substantive long-term investment programmes?' The rapid growth of sovereign wealth funds (SWFs) over the past decade, due largely to booming commodity prices, has inspired optimism among many for their potential to contribute to the sustainability goals of society. SWFs are unconstrained by many of the factors that have kept pension funds from realising their po...

Expand abstract

Authors: Hachigian, H

• Publication date: 2014
• Type of award: DPhil
• Level of award: Doctoral
• Awarding institution: University of Oxford
• Language: English
• Keywords: responsible investment; ambiguity; sovereign wealth funds; long-term investing
• Subjects: Long-term investing; Governance of responsible investment decision-making; Investment decision-making