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005 20240726105042.0
008 161212t20172017caua ob 001 0 eng
010 _a2016057160
040 _aDLC
_beng
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020 _a9781503602755
_q((electronic)l(electronic)ctronic)
050 0 4 _aHG4521
_b.R447 2017
049 _aMAIN
100 1 _aMonk, Ashby H. B.
_q(Ashby Henry Benning),
_d1976-
_e1
245 1 0 _aReframing finance :
_bnew models of long-term investment management /
_cAshby Monk, Rajiv Sharma, Duncan L. Sinclair.
260 _aStanford, California :
_bStanford Economics and Finance, an imprint of Stanford University Press,
_c(c)2017.
300 _a1 online resource (xvi, 193 pages) :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
504 _a2
505 0 0 _aA collaborative model for long-term investing --
_tBuilding an institutional investor's collaborative network and social capital --
_tRe-intermediating investment management --
_tNew vehicles to drive the collaborative model --
_tThe future of long-term institutional investment.
520 0 _aReframing Finance argues that institutional investors (such as pension funds, sovereign wealth funds, endowments, and foundations) should put their money more directly into projects like infrastructure, green energy, and the future of agriculture. Doing this would keep the power of financial service firms in check, while closing significant resource gaps that government cannot. Drawing on economic sociology, social network theory, economics, the authors examine the benefits and challenges associated with this approach to long-term investing, illustrated through real-world cases.
520 0 _aSince the 2008 financial crisis, beneficiary organizations--like pension funds, sovereign wealth funds, endowments, and foundations--have been seeking ways to mitigate the risk of their investments and make better financial decisions. For them, Reframing Finance offers a path forward. This book argues that institutional investors would better serve their long-term goals by putting money into large-scale, future-facing projects such as infrastructure, green energy, innovation in agriculture, and real estate development. At the same time, redirecting long-term investments would close significant financial gaps that government cannot. 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. 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.
530 _a2
_ub
650 0 _aInstitutional investments
_xManagement.
650 0 _aInstitutional investors.
650 0 _aBusiness networks.
655 1 _aElectronic Books.
700 1 _aSharma, Rajiv,
_d1984-
_e1
700 1 _aSinclair, Duncan L.,
_e1
856 4 0 _uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1537998&site=eds-live&custid=s3260518
_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password
942 _cOB
_D
_eEB
_hHG
_m2017
_QOL
_R
_x
_8NFIC
_2LOC
994 _a92
_bNT
999 _c87418
_d87418
902 _a1
_bCynthia Snell
_c1
_dCynthia Snell