She mobilizes public opinion and gives benefit concerts to raise funds for humanitarian causes.

UNESCO: Montserrat Caball��

First, massive amounts of money are managed in public pensions and these funds have massive benefit obligations to their participants.

FORBES: Public Pension Shortfalls and Consultant Conflicts (September 1, 2002 )

It also enabled them to attract new sources of capital to infrastructure investment including from public pension funds that do not receive a tax benefit from traditional tax-exempt debt and brought down interest costs by about 80 basis points on 30-year bonds.

WHITEHOUSE: The White House

Activists investors like Loeb are still criticized in the U.S. A few weeks ago, for example, Loeb was knocked for allegedly supporting an effort to deny teachers and other public-sector workers guaranteed benefits while raising money from such defined benefit plans for his hedge funds.

FORBES: Dan Loeb Shakes Up Japan And Sony