Portfolio: Mid-table performance
‘Past performance is not a guide to future performance’ has become a very familiar phrase in the investment world, and increasingly to consumers via the small print of metro and newspaper ads. Despite this, investors often consider past performance and related metrics as important factors in investment and fund selection.
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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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