Local bias extracts a price
When the Irish stock exchange was booming, domestic equities were the place to be. But many pension funds were slow to diversify and this is reflected in their returns, finds George Coats
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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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