This paper attempts to detect the objectives of different sovereign wealth funds (SWFs) and to find clues to their investment strategies across different types of firms and their locations by utilizing available data on the individual transactions of different SWFs. We explore the extent to which and how the investment strategies embedded in SWF transactions by Middle East and North African (MENA) countries are related to their scores on the well-known Linaburg-Maduell (LM) index of SWF transparency and quality, the age and size of the assets owned by the fund, and the composition of their board members or other key officials in these funds.
Topics in Middle Eastern and North African Economies
Middle East Economic Association and Loyola University Chicago
Ball, Camden and Nugent, Jeffrey B., "What Can We Learn from Transactions Attributed to MENA and Other Sovereign Wealth Funds About Their Objectives and Strategies". Topics in Middle Eastern and North African Economies, electronic journal, 21, 1, Middle East Economic Association and Loyola University Chicago, 2019, http://www.luc.edu/orgs/meea/
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