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State Street Global Advisors (SSgA) has learnt lessons from the past. Losses incurred during 2007-08 by five of its fixed income funds, which were marketed as conservative strategies, led to lawsuits filed by among others the Houston Police Officers’ Pensions System and Prudential Financial.
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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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