| From Nzherald.co.nz: To fully comprehend why the New Zealand Superannuation Fund (NZS) has changed the way it invests you will have to read 'Modelling of asset returns and the economy for the 2010 Reference Portfolio Review' by Aaron Drew.
Not that it will add to the comprehension for most of us, littered as it is with phrases like "dynamic stochastic system of equations that has a well-defined equilibrium to which variables will converge following a shock" and recurring cases of kurtosis..............................................Full Article: Source
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