I read a lot of annual reports for pensions, sovereign funds, and institutional investors of many sorts. It may not be glamorous work, but I have to admit that sifting through hundreds of pages of reporting on pensions is actually worth my while.
Over the years, I've learned that almost every single Giant in the world is doing something - even if it's just one thing - that is utterly unique. And that means that every fund has something to teach us; all that is required on my part is the time to figure out what the one thing is that a fund is doing differently and then focus in on it so I can better understand why it's doing it...............................................Full Article: Source
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