13.02.2012 - Investors outperform when they ignore siren calls
Knut Kjaer, former head of the Norwegian sovereign wealth fund – the largest in Europe – now adviser to some of the world’s largest institutions, said the same should be done with the pension scheme boards to prevent them yielding to the temptations of short-termism. His views that funds should lay out a long-term strategic plan and stick to it come in the same month that eminent British economist John Kay is due to deliver his interim report on how short-termism in UK equity markets could be impacting British industry...............................................Full Article: Source
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