This paper deals with pension fund investment in urban infrastructure projects . It is suggested that the potential returns (and risks) with such projects are significantly greater than comparable fixed-income products though they have long gestation periods like gilt-edged securities. Our...

This paper deals with pension fund investment in urban infrastructure projects. It is suggested that the potential returns (and risks) with such projects are significantly greater than fixed income products though they have long gestation periods like gilt-edge securities. Our argument begins...

Pension funds are at the center of a vast, and expanding, financial services industry. Notwithstanding their significance for global and local capital markets, there are few studies of investment management firms? structure and organization particularly with respect to the production of their...

One of the most striking, long-term trends in the labour market has been the increase in the proportion of parents at work. This has been reflected in the increase in the proportion of dual-earner couple families and of lone-parent families where the parent is working. A growing proportion of...