Public pension funds face a defining moment, When the Bank of England rescued Midland
Friday 20 November 2020 – Vol.11 Ed.47.5
Commentary: Public pension funds’ defining moment
By Pierre Ortlieb in London
Public pension funds hold over $17tn in assets, putting them in the top echelon of power in the global investment landscape. They lie at the heart of global trends in demographics, geopolitics and technology. Global Public Pensions is the first publication devoted to the cross-country study of public pensions, and sheds new light on their investment behaviour and strategic vision.
Read the full commentary and download the report on the website.
Commentary: Bank of England intervention revealed
By Clive Horwood in London
A new book by Harold James, Making a Modern Central Bank – The Bank of England 1979-2003, lifts the lid on events that prompted an economic and monetary revolution that still reverberates through global finance. In an extract, James tells of how in 1991 Midland Bank was close to collapse and the Bank of England stepped in with the utmost secrecy to save it.
Read the full commentary and request to attend the book launch.