close
MENU
On the Money
5 mins to read

The phony happiness of volatility laundering

ANALYSIS: Pension fund managers are often rewarded on the basis of performance but are constrained by a maximum allowed level of risk.

Pension fund managers are often rewarded on the basis of performance.

Why do investment products without a listing on the stock exchange – like BREIT (Blackstone real estate income trust) and private equity funds, which invest in relatively illiquid assets – continue to appeal to both the sell-side and the buy-side, despite regular meltdowns?

The answer is high

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Sheather Sun, 05 Feb 2023
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The phony happiness of volatility laundering
On the Money,
97507
true