Wed 8 Aug 2018 / Global
Pension funds for infrastructure
A gigantic problem bedevils efforts to harness development funds for much-needed infrastructure investment in emerging markets. Massive volumes of financial resources controlled by pension funds and other long-term financial institutions around the world are held back from investment in developing countries because of fears of unmanageable political risk. But improvements could be on the way if the precepts of an 'eminent persons group' assembled by the G20, due to report in coming weeks, are properly implemented.