The advantages of conservatism
Portuguese pension fund asset allocation has been criticised in the past for a traditional approach that lost out on potential gains. But George Coats finds that at a time of market crisis it may limit losses
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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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