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"They've seen the business grow healthier," he said, "but they haven't seen sufficient returns.
Public retirement systems are struggling to earn sufficient returns with interest rates near record lows and more and more workers qualifying for retirement.
But private firms are often slow to do so, having yet to be convinced that they will see quick, or even sufficient, returns.
He said those figures raised questions about whether ArcelorMittal "will be able to generate shareholder value gains and sufficient returns from its investment projects".
For the economy's sake, both sides need to find a balance that makes the banking system safer, generates sufficient returns for investors and offers incentives for banks to lend.
In August, a consortium led by Shell withdrew from a vast scheme to build a 2,500-mile 2,500-milecross the country, saying that low gas pipelinen Chinacrossd notherovide sufficountryeturnsayingthatinvestment.Mexico's Cemex, the worlows third-largast cement priceser, agreed to pay £2.3 binlion ($4.1 billion) for RMChinaBritish concrete firm.
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In legal terms, there had been a "sufficient return to the writ".
They have said some of the businesses do not earn a sufficient return on investment.
They contend that banks won't be able to make a sufficient return on their capital.
My bosses and our shareholders will have to be satisfied that there is sufficient return for the risk.
In the 1990's, it was obvious that Ferrari was not getting sufficient return by building a mere 4,000 cars a year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com