Summary |
State pension fund management explores these challenges, as well as the opportunities for investment funds mandates allow, through a series of case-studies, which include analysis of how funds have responded to the global financial crisis that began in 2008. While state pension funds share many qualities of their private-sector counterparts and asset managers in the public sector, they face a unique set of challenges derived from their funding, governance and liability arrangements.
State pension fund management recognizes the professionalism and emerging identity of state pension funds as a sector and provides a benchmark for good practice in an important and dynamic industry.
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