Pension Fund Capitalism: Oxford Geographical and Environmental Studies SeriesAuthor: Gordon L. ClarkPublisher: Oxford University PressCategory: Linguistics, Western Philosophy: Ancient, To C 500, Political Science & Theory, Central Government Policies, Finance, Taxation, Investment & Securities, Pensions, Laws Of Specific Jurisdictions, Personal FinanceBook Format: Paperback
The growth of pension funds has been nothing short of astronomical. Pension funds now dominate the world's financial markets, affecting nations' wealth, community development, and industrial well being. Yet little is known about their structure and organization. Pension funds and their agents in the investment industry control enormous sums of money, profoundly affecting the structure and performance of nation-states and the global economy. At the same time, it is also apparent that many western governments are retreating from the provision of 'public good' once thought essential to the fabric of urban life. Clark agues that if we are to understand the long-term future of the western economies (in general) and our communities (in particular), we need also to understand how institutional investors allocate assets, mobilize funds, and make investment decisions. There are few studies of the relationship between pension funds and the financial services industry. Pension Fund Capitalism fills an important gap in the literature as well as the intersection between pension funds and public policy.
Table Of ContentsThe 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
About Gordon ClarkGordon Clark is Halford Mackinder Professor of Geography and Fellow of St Peter's College, University of Oxford.
|Brand||Oxford University Press|
|Artist / Author||Gordon L. Clark|