The former CEO of AIMCO presented at the IPCM 2016 conference in Montreal this month .. he emphasizes that long term economic prospects are better than the forecasts suggest” & that “pension plans can earn a better return by providing patient capital to commercialization of new technology” .. the message – pensions talk about investing for the long run but focus on the short term results & avoid making interesting investments (to avoid headline risk in the short run), they’re doing their members a great disservice & impeding much needed economic growth.
LINK HERE to get the PDF
LINK HERE to Leo Kolivakis’ summary of the conference

2016 06 13 Montreal LdB

Disclaimer: The views or opinions expressed in this blog post may or may not be representative of the views or opinions of the Financial Repression Authority.