War, what is it good for?

In the UK we’ve had quantitative easing for so long now that one of the bonds that the Bank of England started buying in August 2009 is about to mature. When that happens, on 7 March, the Bank says that it will re-invest the £6.6bn in more bonds. Is that monetary loosening? My brain hurts just thinking about it.

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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