FRONT COVER -- INSTITUTIONAL INVESTORS IN GLOBAL CAPITAL MARKETS -- COPYRIGHT PAGE -- CONTENTS -- LIST OF CONTRIBUTORS -- PART I: INTRODUCTION TO INSTITUTIONAL INVESTORS IN GLOBAL CAPITAL MARKETS -- INTRODUCTION TO INSTITUTIONAL INVESTORS IN GLOBAL CAPITAL MARKETS -- PART I: INTRODUCTION TO INSTITUTIONAL INVESTORS IN GLOBAL CAPITAL MARKETS -- PART II: INSTITUTIONAL INVESTORS: THEIR ECONOMIC AND FINANCIAL IMPACT -- PART III: INVESTMENT PREFERENCES OF INSTITUTIONAL INVESTORS -- PART IV: THE BENEFITS OF SOVEREIGN WEALTH FUND INVESTMENTS -- PART V: SOVEREIGN WEALTH FUNDS: DO POLITICAL OBJECTIVES DRIVE THEIR ASSET ALLOCATION? -- NOTES -- REFERENCES -- PART II: INSTITUTIONAL INVESTORS: THEIR ECONOMIC AND FINANCIAL IMPACT -- FINANCIAL LIBERALIZATION AND FOREIGN INSTITUTIONAL INVESTORS: LITERATURE REVIEW -- INTRODUCTION -- FINANCIAL LIBERALIZATION AND INTERNATIONAL CAPITAL FLOWS -- FOREIGN INSTITUTIONAL INVESTORS -- DETERMINANTS OF FOREIGN INSTITUTIONAL INVESTMENT -- THE ROLE OF FOREIGN INSTITUTIONAL INVESTORS -- CONCLUSION -- NOTES -- REFERENCES -- INSTITUTIONAL INVESTMENT HORIZON AND FIRM CREDIT RATINGS -- INTRODUCTION -- RELATED LITERATURE AND HYPOTHESIS -- DATA AND RESEARCH DESIGN -- EMPIRICAL EVIDENCE -- CONCLUSION -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- DIVESTMENT OF FOREIGN STRATEGIC INVESTMENT IN CHINA'S BANKING SECTOR: CAUSES AND CONSEQUENCES -- INTRODUCTION -- CAUSES OF DIVESTMENTS IN THE CHINESE BANKING SECTOR -- BUSINESS COOPERATION -- STOCK MARKET REACTIONS TO THE DIVESTMENT ANNOUNCEMENT -- CONCLUSIONS -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- PART III: INVESTMENT PREFERENCES OF INSTITUTIONAL INVESTORS -- DOMESTIC AND FOREIGN INSTITUTIONAL INVESTOR BEHAVIOR IN CHINA: FINANCIAL CHARACTERISTICS AND CORPORATE GOVERNANCE -- INTRODUCTION -- LITERATURE REVIEW -- DATA ISSUES AND KEY CHARACTERISTICS -- EMPIRICAL RESULTS -- CONCLUSIONS.

NOTES -- REFERENCES -- INSTITUTIONAL INVESTORS' PARTICIPATION IN FOREIGN FIRMS: EVIDENCE FROM ADRs -- INTRODUCTION -- THE DETERMINANTS OF INSTITUTIONAL INVESTORS' OWNERSHIP: LITERATURE REVIEW AND HYPOTHESES -- DATA AND VARIABLES -- EMPIRICAL RESULTS -- SUMMARY AND CONCLUSION -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- DO FOREIGN INSTITUTIONAL INVESTORS (FIIS) EXHIBIT HERDING AND POSITIVE FEEDBACK TRADING IN INDIAN STOCK MARKETS? -- INTRODUCTION -- LITERATURE REVIEW -- RESEARCH GAP -- RESEARCH DESIGN -- RESULTS -- CONCLUSIONS -- REFERENCES -- DO FINANCIAL CONGLOMERATES HAVE AN INCENTIVE TO PREVENT MANAGERS OF OTHER FIRMS FROM PURSUING THEIR OWN INTEREST? -- INTRODUCTION -- THE MODEL -- CONCLUDING REMARKS -- NOTES -- REFERENCES -- PART IV: THE BENEFITS OF SOVEREIGN WEALTH FUND INVESTMENTS -- THE IMPACT OF FOREIGN GOVERNMENT INVESTMENTS: SOVEREIGN WEALTH FUND INVESTMENTS IN THE UNITED STATES -- INTRODUCTION -- DATA DESCRIPTION -- SWF INVESTMENT CHARACTERISTICS -- THE EFFECT OF SWF INVESTMENTS ON FIRM VALUE -- CONCLUSIONS -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- WHAT DO SOVEREIGN WEALTH FUNDS IMPLY FOR FINANCIAL STABILITY? -- INTRODUCTION -- LITERATURE REVIEW -- DATA AND METHODOLOGY -- EMPIRICAL RESULTS -- CONCLUSION -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- AFRICA'S QUEST FOR DEVELOPMENT: CAN SOVEREIGN WEALTH FUNDS HELP? -- WHAT DO AFRICAN SWFS LOOK LIKE? -- WHAT ARE FOREIGN SWFS DOING IN AFRICA? -- WHAT ARE THE BENEFITS OF SWFS FOR AFRICAN ECONOMIES? -- WHAT ARE THE CHALLENGES FACING SWFS INVESTMENTS IN AFRICA? -- CONCLUDING REMARKS -- NOTES -- ACKNOWLEDGMENTS -- REFERENCES -- A1. DESCRIPTION OF AFRICAN SWFS -- A2. LINABURG-MADUELL TRANSPARENCY INDEX -- A3. SUBSIDIARIES OF THE LIBYAN INVESTMENT AUTHORITY -- PART V: SOVEREIGN WEALTH FUNDS: DO POLITICAL OBJECTIVES DRIVE THEIR ASSET LOCATION?.

PORTFOLIO ALLOCATION FOR SOVEREIGN WEALTH FUNDS IN THE SHADOW OF COMMODITY-BASED NATIONAL WEALTH -- INTRODUCTION -- SOVEREIGN WEALTH FUNDS AS INVESTORS -- SOVEREIGN WEALTH FUNDS AS NATIONAL GUARDIANS -- METHODOLOGY AND DATA -- THE RESULTS -- THE RISK-ADJUSTED RETURN RESULTS -- CONCLUSION -- NOTES -- REFERENCES -- APPENDIX 1 - LIST OF TOTAL RETURN ASSETS -- ARE SOVEREIGN WEALTH FUNDS POLITICALLY BIASED? A COMPARISON WITH OTHER INSTITUTIONAL INVESTORS -- INTRODUCTION -- LITERATURE REVIEW AND STYLIZED FACTS -- DATA ANALYSIS -- SWF INVESTMENTS: THE POLITICAL DIMENSION -- CONCLUSIONS -- NOTES -- REFERENCES -- SOVEREIGN WEALTH FUND ACQUISITIONS: A COMPARATIVE ANALYSIS WITH MUTUAL FUNDS -- INTRODUCTION -- DEFINITION AND TYPES OF SOVEREIGN WEALTH FUNDS -- THE GROWTH OF SWFS -- DETERMINANTS OF ACQUISITIONS BY INSTITUTIONAL INVESTORS -- SAMPLE AND DESCRIPTIVE STATISTICS -- UNIVARIATE ANALYSIS -- CONCLUSION -- REFERENCES.