Upgrading The Investment Policy Framework of Public Pension Funds / Vittas, Dimitri

Public pension funds have the potential to benefit from low operating costs because they enjoy economies of scale and avoid large marketing costs. But this important advantage has in most countries been dissipated by poor investment performance. The latter has been attributed to a weak governance st...

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Bibliographic Details
Main Authors:Vittas, Dimitri
Other Authors:Impavido, Gregorio
O'Connor, Ronan
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2008
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