Special Report – Outlook 2015: Fear gauges refuse to budge

Gold, oil and volatility disappoint during 2014

One of the defining characteristics of 2014 has been the return of geopolitical risk. For months there has been a constant stream of de-stabilising news from around the globe – from Russia’s annexation of Crimea to the advancement of Islamic State, pro-democracy demonstrations in Hong Kong and the spread of Ebola in West Africa and beyond.

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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.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands