Risk misallocated in the great resources distortion

A black swan perhaps, but at least be mindful of implications were this creature to turn out to be plain ole white under the spot light. The sting from a retracting pendulum hurts more than from the one that got away. North American balanced fund investors learned this painful lesson back in 2002.

Plus ca change, plus c’est la meme chose. (The more things change, the more they stay the same).

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Why pension capital matters even more in a complex world  

Australian pension fund capital is uniquely well-suited to backing long-term global investment trends, but it will work best when it builds partnerships with funds, governments and businesses from like-minded nations. A memorandum of understanding signed by Australian and Canadian pension funds will help set policy to improve investment opportunities.

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