| Sovereign wealth funds (SWFs) are less likely to be activist investors than their institutional peers due to their size and legal restrictions, according to research. The amount of money available to SWFs means their intentions when making investments are “important for politicians, unions, and regulatory authorities” to understand, wrote Mark Mietzner (Zeppelin University, Friedrichshafen), Dirk Schiereck (Darmstadt University of Technology), and Denis Schweizer (Concordia University, Montreal).
However, their analysis of 147 companies owned by SWFs showed that these groups probably shouldn’t be too concerned with investors’ ulterior motives: the focus instead is on companies with “higher return on assets, dividend payments, and yields”...............................................Full Article: Source
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