Pooled investment funds are an extremely important component of the institutional investment management business, serving as a critical tool for achieving diversification and economies of scale in a broad range of market and investment environments. These advantages have increasingly led fund...

Given the pervasiveness and importance of information technology (IT) in modern organisations, it is somewhat surprising that senior management often feel unsure about the business value of their IT investment. It is sometimes suggested that more careful planning of the IT resource and a more...