CHICAGO -- Mayor Maynard Jackson of Atlanta last week called on pension fund managers and trustees to invest in improving the infrastructure of American cities to foster greatly needed economic development in urban areas.

Mayor Jackson, speaking here at the National Association of Securities Professionals conference, said the $2.5 trillion of pension funds in the United States could be invested wisely in infrastructure improvements, including roads, bridges, mass transit, and high-speed rail systems.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.