Poor communication and differing incentives between politicians and national wealth managers are undermining performance, argues global head of official institutions at BNP Paribas Investment Partners, Gary Smith.
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Serving the servants: politics is hampering national wealth management
BNP Paribas Investment Partners, Gary Smith
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Steering portfolios through a fragmented world
As stagflationary shocks flip stock-bond correlations and the illiquidity premium in private markets proves elusive, the investors best placed to navigate a fragmented world are those with the governance infrastructure to deploy capital when others are forced to sell.
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