NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Investment Strategies of Sovereign Wealth Funds

Shai Bernstein, Josh Lerner, Antoinette Schoar

NBER Working Paper No. 14861
Issued in April 2009

---- Acknowledgements -----

We thank Harvard Business School’s Division of Research for financial assistance and various audiences for helpful comments. Chris Allen and Jacek Rycko provided excellent research assistance. All errors and omissions are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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