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Managing public investment funds: best practices and new questions

Mitchell, Olivia S; Piggott, John R; Kumru, Cagri


Large publicly held pools of assets are playing an increasingly prominent role in the global investment arena. We compare three distinct forms of such public funds, namely foreign exchange reserve funds, sovereign wealth funds, and public pension funds, to highlight their differences and similarities. We review previous studies on ways to better secure prudent and economically sound public fund management practices in these funds, as well as how to evaluate their governance and investment...[Show more]

CollectionsANU Research Publications
Date published: 2008
Type: Journal article
Source: Journal of Pension Economics and Finance
DOI: 10.1017/S1474747208003818


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