SHIFT TO Long term investing (Working paper)

2016
07
June
2016
| 11:37 Europe/Amsterdam
The agency problems that pervade delegated investment management are exacerbated when investing for the long term, where the payoff is distant and often highly uncertain. These conditions compound the difficulty of aligning and monitoring the agents ...
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19
May
2016
| 00:00 Europe/Amsterdam
The title of this Letter was also the title of a workshop for Dutch pension fund managers organized by Kempen Capital Management in Amsterdam this past March. As the title suggests, the goal of the event was to move participants from talking about...
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29
April
2016
| 00:00 Europe/Amsterdam
  'Long-horizon investors have an edge', state Andrew Ang and Knut N. Kjaer in their 2011 paper Investing for the Long Run. 'They can ride out short-term fluctuations in risk premiums, profit from periods of elevated risk aversions and short-term ...
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22
April
2016
| 00:00 Europe/Amsterdam
The literature on investment horizon is reviewed in order to enhance the understanding of potential influences on long-term investing by institutional investors. Investment horizon reflects an inter-connected web of influences related to an investor’...
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