The Sovereign Wealth Fund Discount: Evidence from Public Equity Investments by Bernardo Bortolotti (Università di Torino) and Veljko Fotak (SUNY Buffalo) and William Megginson (University of Oklahoma) “Using a sample of 1,018 Sovereign Wealth Fund (SWF) equity investments in publicly traded firms and a control sample of 5,975 transactions by private-sector financial institutions over 1980-2012,… Continue Reading