July 14th 2017, Milan Gallerie d'Italia

Long‐Term Capital, Innovation, and Governance. The evolving role of SWFs

This Workshop is organized in cooperation with the International Forum of SWFs (IFSWF) and sponsored by BCG, Coima SGR and Generali Investments. Thanks to Intesa Sanpaolo and Gallerie d'Italia

Programme Report

Welcome address by Gianmario Verona, Bocconi University


Bernardo Bortolotti, Baffi Carefin Bocconi Univerisity

Massimiliano Castellli, UBS AM

Luca Rossettini, Keynote, D-Orbit  "Space, Markets, and the Future of Sustainability"

June 30th 2016, Milan Borsa Italiana

Sovereign Wealth Funds in the XXI century: Investment Strategies, Risk Management and Long-Term Growth

This Workshop is organized in cooperation with the International Forum of SWFs (IFSWF) and sponsored by Borsa Italiana, Cassa Depositi e Prestiti, Intesa San Paolo, Pwc and Generali Investments.


Welcome address by Andrea Sironi, Bocconi University and Borsa Italiana


Bernardo Bortolotti, Baffi Carefin Bocconi Univerisity

Roberto Marsella, CdP Equity

Andrew McAfee, Keynote, MIT "The Second Machine Age



June 29th 2015, Milan ISPI

Sovereign Wealth Funds in the New Normal Reassessing Risks, Redefining Strategies


Bernardo Bortolotti, "Towards a new Normal - Highlights on the SWF Annual Report 2014"

Diego Lopez, "SWF in 2020? The Human Side"

Roberto Marsella, Fondo Strategico italiano

Aldo Musacchio, "Trends in State Capitalism and Short Term Global Risks"

Thouraya Triki, African Sovereign Wealth Funds: Where they will be in 2020?"



June 27th 2014, Florence

In Quest for Stability: the Global Governance of Sovereign Wealth Funds



Bernardo Bortolotti, "The Great Reallocation - Highlights of the SWF Annual Report 2013"

Mohammad Mazraati, "The Challenges of Setting Up a SWF: Why, How and How Large?"

Ghiyath Nakshbendi, "The Challenges of Setting Up a SWF: When, Why, How & Size?

Fabrizio Pagani, "Italy's Strategy for Reforms and Economic Growth"

Fabio Scacciavillani, "In Quest for Stability: the Global Governance of SWFs - Oman Investment Fund"

Jirky Talvitie, "Russian Direct Investment Fund"



June 26, 2013 Palazzo Franchetti Venice

Sovereign Wealth Funds, Long Term Investment and Growth - Unlocking Potential

Sovereign Wealth Fund Annual Report 2012 Cautious change (pdf)

Bernardo Bortolotti, Paolo Baffi Centre and Univeristà Bocconi: "Cautious changes - Highlights on the SWF annual report 2012"

Vidar Ovesen, former deputy minister of Finance, Norway: "Sovereign Equity for Economic Development - The Norwegian Case" 

Fabio Scacciavillani, Oman Investment Fund: "Sovereign Equity for Economic Development"

Carlo Michelini, F2i SGR SpA: "The Art and Science of Co-Investing"

Manfred Schepers, Vice President, Finance and Chief Financial Officer: "EBRD: a Partner in Growth Markets"


June 25, 2012 
Solving the Long Term Investment Equation - The Role of Sovereign Equity

Bernardo Bortolotti, "Follow the Money - Highlights of the SWF 2011" (pdf)
Alexey Germanovich, "Russian Direct Investment Fund RDIF" (pdf)
Maurizio Tamagnini, "Why not Europe? The Challenges of Equity Investments in the Eurozone - The Case of Equity Investments in Italy" (pdf)
Geroges Sudarskis, "Why not Europe? Challenges of Equity Investing in Europe" (pdf)
Fabio Scacciavillani, "The New Economics of Sovereign Wealth Funds" (pdf)


Thursday 17 Nov. 2011, room 4e4sr03 from 2 to 5.30 pm

Curbing Volatility? Financial Markets, Credit Rating Agencies, and Sovereign Investment Funds Programme


Credit Rating Agencies

Giovanni Ferri "Foreign Ownership and the Credibility of National Rating Agencies: Evidence from Korea" (ppt)

Winnie P.H. Poon "Regulation Fair Disclosure's Effect on the Information Content of Bond Rating Canges" (ppt)

Discussion: Giovanni Puopolo (pdf); (pdf)

Sovereign Investment

Bernardo Bortolotti "Funds Taming Leviathan: Towards a Regulatory Framework for Sovereign Wealth Funds" (ppt)

Stefano Lugo "The Certification Effect of Sovereign Wealth Funds on the Credit Risk" (ppt)






Last update 24 July 2017 - 13:41:06