Carlo Svaluto Moreolo
Senior Staff Writer
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Is Project Iris, a joint effort by Italian pension funds to invest in alternatives, a sign of things to come?
Italy’s anti-establishment, eurosceptic coalition government has partly delivered on its promise to reform the pension system. ‘Dismantling’ the 2011 pension reform that curtailed benefits and raised the retirement age was key for both coalition partners – the Five Star Movement and the Lega. Previous governments had raised the retirement age.
We asked two pension funds to tell us about the case for investing in China and their experience with investing in the country