Better governance – to what end?
Before Gordon Gekko launches into his “Greed is good” speech, the CEO of Teldar Paper harangues him as the face of the “short-term profit, slot machine mentality of Wall Street”. But Gekko isn’t like the high-frequency traders or quarterly earnings-obsessed benchmark huggers whom we tar with that brush.
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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