SovereigNET - Fletcher Network for Sovereign Wealth and Global Capital

Research Archive

SovereigNet offers a multidisciplinary approach to research on sovereign and institutional wealth. Through an array of activities, SovereigNet interacts with academics, fund managers, financial advisors and other experts to collect and distribute information.

To learn more about SovereigNet's activities and research products, click on the tabs below.

"Beating the Market has Become Nearly Impossible"

Institutional Investor highlights new study: By the Numbers: The Quest for Performance, a timely new research - released jointly by The Fletcher School at Tufts University and State Street’s Center for Applied Research - on the investment behavior and performance of institutional investors as we pass the 5 year mark since the collapse of Lehman and the onset of the Global Financial Crisis.  The study - “By the Numbers: The Quest for Performance” - is the first in a series of joint publications to be released as part of a collaborative initiative, focusing on the most pressing issues of the global institutional investor community.

SWFI Co-head Patrick Schena Interviewed by The Deal Magazine

Patrick Schena, co-leader of the Sovereign Wealth Fund Initiative (SWFI) and Principal in the Investment Management Services practice of Headstrong Corp., is quoted by Matt Miller of The Deal Magazine throughout his article titled "Sovereign wealth funds return" (linked above). (May 2012)

“A Scar on Bahrain’s Financial Marketplace”: SWFI Research Cited by Reuters

A paper by affiliates of CEME’s Sovereign Wealth Fund Initiative (SWFI), Asim Ali and Shatha al-Aswad, was featured in Reuters’ “Global Investing” blog (linked above). The piece focused on the growth of regional financial centers in the Middle East and the particular challenges Bahrain faces as it develops its economy. (February 2012)

SWF Bulletin Requisite “Airplane Reading”

Ashby Monk, noted SWF and pension fund researcher of Institutional Investor’s “Avenue of Giants” blog, featured the Sovereign Wealth Fund Bulletin, produced by CEME’s Sovereign Wealth Fund Initiative, in his blog as notable reading. (February 2012)

Les Fonds Souverains Accroissent Leurs Investissements en Europe 

Dr. Eliot Kalter, Senior Fellow and co-head of the Sovereign Wealth Fund Initiative at the Fletcher School and President of EM Strategies, Inc, is quoted in this article published (in French) by L’Agefi. According to Kalter, sovereign wealth funds’ growing interest for infrastructures also has macroeconomic consequences. “It is more costly for central banks to sterilize their accumulation of reserves than to transfer a part of them to sovereign wealth funds which do not have liabilities constraints and are increasingly investing in the long term in private equity or infrastructures. This growing transfer will affect the relative price of these assets versus bonds, which will be one of many factors pushing Sovereigns to reduce their deficits.” (January 2012)

The Great Recession That Just Won't Leave

George Hoguet, interviewed in this article published in late December by Barron's, is a strategist and senior portfolio manager at State Street Global Advisors' – a partner of The Fletcher School's Sovereign Wealth Fund Initiative. (December 2011)