Reframing Finance: New Models of Long-Term Investment Management
| Author | : | |
| Rating | : | 4.64 (970 Votes) |
| Asin | : | 1503601781 |
| Format Type | : | paperback |
| Number of Pages | : | 216 Pages |
| Publish Date | : | 2017-05-26 |
| Language | : | English |
DESCRIPTION:
. Rajiv Sharma is Research Program Manager at Stanford's Global Projects Center and Visiting Research Associate at Oxford University's Smith School of Enterprise and the Environment. Sinclair is Vice Chair at Deloitte. Ashby Monk is Executive and Research Director of Stanford University's Global Projects Center. Duncan L
Clark Oxford University)"Beyond reporting the latest thinking on institutional investment, this book guides asset managers and owners through an increasingly complex environment. Reframing Finance explores this critically important territory, deftly documenting both the barriers to long-run investing and how they can be overcome." (Josh Lerner Harvard Business School)"What gets measured gets managed. These '3Cs' rely purely on trusted relationships, which need to be identified, built, and nurtured. The book's thoughtful analysis and comprehensive solutions are relevant for investors, CEOs, and policy-makers alike." (Dominic Barton, Glo
At the same time, redirecting long-term investments would close significant financial gaps that government cannot. A combination of rich case studies and rigorous theory enables asset owners to move toward more efficient, private-market investing, while also laying groundwork for research at the frontier of finance.. Drawing on key contributions in economic sociology, social network theory, and economics, the book conceptualizes a collaborative model of investment that is already becoming increasingly common: Large investors contribute more directly to private market assets, while financial intermediaries seek to foster co-investment partnerships, better aligning incentives for all. Since the 2008 financial crisis, beneficiary organizationslike pension funds, sovereign wealth funds, endowments, and foundationshave been seeking ways to mitigate the risk of their investments and make better financial decisions. For them, Reframing Finance offers a