Norway’s GPFG argues the case for private equity – again

One of the most famous attractions in Norway, Pulpit Rock.

Norges Bank Investment Management, investment mana
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LACERA: Why rebalancing is asset allocation’s best friend

Rebalancing back to asset class strategic ranges after a market rise or fall is one of the most vital seams of strategy at the $70.1 billion LACERA. It ensures the investment team remain consistent with investment policy statements, don’t try and time the market and avoid behavioural biases according to CIO Jonathan Grabel who calls is “the best long-term strategy we have”.

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