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Local Wealth Fund
An Urban Wealth Fund (UWF), Local Wealth Fund, or Community investment fund is a local government-owned Public Wealth Fund, a holding company that owns, manages, and develops operational and real estate assets, mainly within its jurisdiction at the city, county or regional level of public administration. Government surpluses could also be invested in Bond (finance), bonds, equities such as the stock market, or private equity. Operational assets often include utilities such as water and electric utilities, transportation assets such as airports, ports, subways and other local transport operations. The real estate segment is often the largest part in value terms as governments have been found to own at least half of the real estate market, in value terms and not seldom exceeding the economic output of the local entity. Due to the lack of proper asset registers and public sector accounting, the real estate segment is the least well understood, with considerable value hidden from b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Local Wealth Fund Or Urban Wealth Fund
Local may refer to: Geography and transportation * Local (train), a train serving local traffic demand * Local, Missouri, a community in the United States Arts, entertainment, and media * Local (comics), ''Local'' (comics), a limited series comic book by Brian Wood and Ryan Kelly * Local (novel), ''Local'' (novel), a 2001 novel by Jaideep Varma * The Local (film), ''The Local'' (film), a 2008 action-drama film * ''The Local'', English-language news websites in several European countries Computing * .local, a network address component Mathematics * Local property, a property which occurs on ''sufficiently small'' or ''arbitrarily small'' neighborhoods of points * Local ring, type of ring in commutative algebra Other uses * Pub, a drinking establishment, known as a "local" to its regulars See also * * * Local group (other) * Locale (other) * Localism (other) * Locality (other) * Localization (other) * Locus (disambiguatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
