Intergenerational Trust Funds in the Pacific

Gives an overview of the nature of currently operating intergenerational trust funds (ITFs), what distinguishes them one from the other, and their particular strengths and weaknesses from a legal point of view. Considers the mechanisms by which these funds may be established, the typical management...

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Bibliographic Details
Published in:The Journal of Pacific history 2016-06, Vol.51 (2), p.186-204
Main Authors: Angelo, A. H, Bell, Brian, Roylance, Bayley
Format: Article
Language:English
Subjects:
Law and legislation
Sovereign wealth funds
Treaties
Trusts and trustees
Online Access:Get full text
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Description
Summary:Gives an overview of the nature of currently operating intergenerational trust funds (ITFs), what distinguishes them one from the other, and their particular strengths and weaknesses from a legal point of view. Considers the mechanisms by which these funds may be established, the typical management structures, whether the funds are always trusts, and the nature of the trustee, transparency and accountability rules. Notes the financial aspects of the operation of funds, the range of investment strategies and the role of maintenance of the real value of a fund. Provides examples and reflects on past and present practice in relation to such funds and identifies what is or should be best practice for such funds. Source: National Library of New Zealand Te Puna Matauranga o Aotearoa, licensed by the Department of Internal Affairs for re-use under the Creative Commons Attribution 3.0 New Zealand Licence.
ISSN:0022-3344
1469-9605