Guest view: The denominatrix

NOËL AMENC (LEFT), FRE�DE�RIC BLANC-BRUDE

Noël Amenc and Frédéric Blanc-Brude ask: why suffer at the hands of the denominator effect when the true market value of private assets is available?

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Âé¶¹Ó³»­ covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands