Download or read book Economically Targeted Investments by State wide Public Pension Funds written by Richard Ferlauto and published by . This book was released on 1993 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economically Targeted Investments ETIs The Issues written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Joint Economic Committee (JEC), based in Washington, D.C., presents the full text of a paper entitled "Economically Targeted Investments (ETIs): The Issues." published May 1995. Economically targeted investments (ETIs), also known as social investments, are pension fund investments selected for their economic benefits apart from their investment return to the employee benefit plan. The paper discusses the problem of these investments violating the fund manager's fiduciary duty under the Employee Retirement Income Security Act (ERISA).

Download or read book Economically Targeted Investments and Social Investments written by John R. Nofsinger and published by . This book was released on 1997 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper documents the emergence of economically targeted investments (ETIs) and social investments on pension funds. We find that these dual purpose investments are usually concessionary and reduce portfolio investment return. When fiduciary standards are weakened, public pension fund assets become easily abused by political objectives. Pension beneficiaries suffer by reduced investment returns, increased underfunding, and unfriendly actuarial assumptions. We also review the recommendations and policy implications of the Department of Labor's Work Group on Economically Targeted Investments. This Work Group is trying to allow, even encourage, private pension funds to invest in ETIs.

Download or read book Public Pension Plans written by United States. General Accounting Office and published by . This book was released on 1995 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Pension Plans written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-06 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addresses three points: what has been the extent of ETI's by nonfederal public employee pension plans, in terms of the amounts invested and the types of investments; did ETI programs aimed at business development realize competitive returns; and what were the economic effects of business development ETI programs, such as jobs created. 18 charts and tables.

Download or read book Pension Funds and Economically Targeted Investments written by Stephen Alexsandaer and published by . This book was released on 1997 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economically Targeted Investing written by James Packard Love and published by . This book was released on 1989 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economically Targeted Investments written by United States. Congress. Joint Economic Committee and published by . This book was released on 1996 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Targeted Pension Fund Investment for Economic Growth and Development written by United States. Congress. Joint Economic Committee and published by . This book was released on 1994 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Whose Pension is it Anyway written by Cassandra Chrones Moore and published by . This book was released on 1995 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competitive Plus written by Lee Orr Smith and published by . This book was released on 1990 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economically Targeted Investment Program Under Development written by Florida. Office of Program Policy Analysis and Government Accountability and published by . This book was released on 2008 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economically Targeted Investments written by Robert W. Dean and published by . This book was released on 1998 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Competitive Plus written by and published by . This book was released on 1990 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economically Targeted and Social Investments written by M. Wayne Marr and published by Cfa Inst. This book was released on 1995 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearing on Economically Targeted Investments written by United States. Congress. House. Committee on Economic and Educational Opportunities. Subcommittee on Employer-Employee Relations and published by . This book was released on 1995 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Pension Plans written by U. S. Government Accountability Office ( and published by BiblioGov. This book was released on 2013-06 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pursuant to a congressional request, GAO reviewed economically targeted investments (ETI), focusing on the: (1) amount and types of ETI being invested by nonfederal public employee pension plans; (2) realization of competitive returns by ETI programs aimed at business development; and (3) economic effects of business development ETI programs. GAO found that: (1) public pension plans have invested billions of dollars nationwide in ETI; (2) in a survey of large public pension plans, 50 of the 119 respondents indicated that they had invested a total of $19.8 billion in ETI to promote housing, real estate, or small business development; (3) ETI that promote business development include private placements, venture capital investments, and bond, loan, and certificate of deposit purchases; (4) the performance of ETI by the public pension plans studied was generally similar to the returns of comparison investments; (5) the performance of ETI venture capital programs sometimes lagged behind the comparison investments; and (6) no definitive conclusions have been reached regarding the economic effects of ETI programs due to insufficient data.