A prerequisite for preserving and increasing the value of pension funds is to make an appropriate investment with them; for this purpose most countries have issued regulation to guide the pension investment. After conducting an empirical analysis of different investment portfolios, e.g. Bank...

The labor movement is waning and private equity is waxing. As the percentage of U.S. workers in unions falls to all-time lows, the ability of those workers to have a say in their relations with their employers diminishes. At the same time, workers’ pension funds currently sit on trillions of...