Another step is to create a Public-Private Investment Fund.
VOA: special.2009.02.13
"Public Fund Investing for Dummies, " a book that is as timely today as ever, is the work of Jim Koetting, a money manager at PublicFundInvestment Strategies in St.
But Britain's rating is being flattered by the Private Finance Initiative strenuously promoted by the chancellor under which private companies borrow to fundpublicinvestment.
In my decades of professional experience, I have never seen a public pension fund with investment guidelines that would permit it to invest more than a limited amount of its assets, say 10%, with a single money manager.