Synopses & Reviews
Pension fund assets are truly astronomical. But little is known about their functions, structures, and modes of decision making. This book fills the gap through a theoretically informed account of Anglo-American pension funds, set in context with current debates about the role of government policy and the roles and responsibilities of pension funds.
Table of Contents
The State in Retreat
Pension Fund Capitalism
Functional and Spatial Structure of investment Management
Competition and Innovation in Investment Management
Pension Fund Trustee Decision Making
Corruption and Investment Decision Making
Four models of Financial Intermediation
Provision of Urban Infrastructure
Contested Terrain
Community and Solidarity