In this paper, we investigate what are the drivers of cross-border equity acquisitions made by Sovereign Wealth Funds (SWFs) Gulf Cooperation Council (GCC) countries. GCC SWFs considered as relatively opaque investors and strongly politicized, raising some concerns for perceived political security risks. Using both Logit ordered models, test if usual determinants investments still stand when lo...

The stability of income payments in a pooled annuity fund is studied. In those funds, members receive fluctuating depending on their experienced mortality exchange for pension savings. focus describing the influence different initial savings ability to provide stable retirement. Because this, coincide characteristics except We identify term, which we dub ‘implied number homogeneous members’, th...

The public sector is the largest UK landowner and space occupier with local authorities owning managing majority of real estate assets to meet services community. As central funding these reduce knowledge economy changing way we live, governments are looking at more efficient effective ways their operations creating investment value bridge gap between shortfalls demand for services. Several now...

This paper contributes to the growing political economy literature of within-country natural resources management, by proposing a new resource policy for the oil-rich southern Italian region of Basilicata. The policy proposal is to establish a (regional) wealth fund in which all the royalty revenues from non-renewable natural resource exploitation in Basilicata would be stored and fully convert...