Fund Of Funds - Publications - Faculty & Research

18 Sep 2013
News

$12.5M Establishes Transforming Public Health Education Initiative Fund

Keywords: medicine; public health; Health, Social Assistance

24 May 2011
News

June 2011: Students Start-Ups Tap New HBS Fund

2014
Working Paper

Friends with Close Ties: Asset or Liability? Evidence from the Investment Decisions of Mutual Funds in China

By: Xinzi Gao, T.J. Wong, Lijun Xia and Gwen Yu

When fund managers have close ties to their investees, it can facilitate efficient information sharing but can also increase the possibility of favoritism. Using the investment choices of mutual funds in China, we test whether funds with close ties to their investees... View Details

Keywords: Social Ties; Conflict of Interests; Asset Management; Investment Portfolio; Networks; Financial Services Industry; China

Citation

Article

Wisdom or Madness? Comparing Crowds with Expert Evaluation in Funding the Arts

By: Ethan Mollick and Ramana Nanda

In fields as diverse as technology entrepreneurship and the arts, crowds of interested stakeholders are increasingly responsible for deciding which innovations to fund, a privilege that was previously reserved for a few experts, such as venture capitalists and... View Details

Keywords: Crowdfunding; Arts; Decision Choices and Conditions; Entrepreneurship; Investment; Fine Arts Industry; Technology Industry

Citation

Find at Harvard

Read Now

Governments and foundations around the world are urgently seeking strategies to optimize their investments across a range of distinctive missions targeted towards societal challenges. How should such investments be made, from early R&D spending to later-stage... View Details

09 Jan 2023
News

Alumna Leads Biggest Ever Debut for a Woman-led Hedge Fund

Photo via Surgo Foundation Photo via Surgo Foundation Mala Gaonkar (MBA 1996) kicked off the new year with the debut of her hedge fund SurgoCap Partners, whose $1.8 billion under management made it the "largest debut of a woman-led hedge fund in the industry's... View Details

Keywords: Funds, Trusts, and Other Financial Vehicles; Finance

11 Jul 2012
News

In China, big opportunities for investors, if mutual funds can find a way in

05 Oct 2014
News

SEC’s new rules give US money market funds a floating feeling

December 2019
Case

modum.io: Funding a Blockchain-Based Start-Up's Supply Chain Solution

By: Laura Huang, Dominik Roeck, Alex Murray and Erik Hofmann

Citation

Educators

Purchase

December 2018
Supplement

Asset Allocation at the Cook County Pension Fund

By: Emil Nuwan Siriwardane

Citation

Purchase

March 10, 2011
Article

Why Balanced Funds Trump Target-Dates in Retirement Plans

By: Robert C. Pozen

Keywords: Compensation and Benefits; Money

Citation

July 1989
Case

Fidelity Management Research Co.: The Mortgage Securities Fund

Citation

Find at Harvard

June 2005
Article

Judging Fund Managers by the Company They Keep

By: Randolph B. Cohen, Joshua Coval and Lubos Pastor

Keywords: Management; Capital

Citation

Find at Harvard

Read Now

07 Jul 2020
Podcast

Incorporating Climate Risk in Pension Fund Investment Decisions

Hiro Mizuno, former head of the Japanese Government Pension Investment Fund (GPIF), and Professor Vikram Gandhi discuss the steps GPIF has taken to incorporate climate risk in its investment process. Mizuno highlights the need to address the entire investment universe... View Details

15 Aug 2009
News

Can the Supreme Court Undress High Fund Fees?

15 Feb 2023
News

Governments Target Medical Debt with COVID Relief Funds

26 Sep 2016
News

Steward gets $1.25b to fund expansion, repay Cerberus

Research Summary

Fixed NAVs and Costly Puts: US Money Market Mutual Funds (with Peter Tufano)

US money market mutual fund investors have been granted an implicit put option that allows them to sell or redeem their shares at a fixed price of $1.00, regardless of the market value of the portfolio. We describe the institutional features that give rise... View Details