Minus five is the new zero
Absolute return strategies do not always produce absolute returns, and alternative investments are not always decorrelated from the mainstream. Long/short investors do not always have skill in shorting, let alone the long.
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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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