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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
On the Money
5 mins to read

The phony happiness of volatility laundering

ANALYSIS: Pension fund managers are often rewarded on the basis of performance but are constrained by a maximum allowed level of risk.

Pension fund managers are often rewarded on the basis of performance.

Why do investment products without a listing on the stock exchange – like BREIT (Blackstone real estate income trust) and private equity funds, which invest in relatively illiquid assets – continue to appeal to both the sell-side and the buy-side, despite regular meltdowns?

The answer is high

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Brent Sheather Sun, 05 Feb 2023
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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The phony happiness of volatility laundering
On the Money,
97507
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