History does not progress in a linear way. Science, democracy, technology, arts, the economy and any other type of evolutive process advance and recede in chaotic movements, even though they ineluctably move towards progress. Those recessions and pull-backs often go unnoticed at first, at least to the casual observer. And yet, they end up profoundly sanctioned by all stakeholders including the economy, financial markets and investors.
Already an IPE Member? Sign in here
For unlimited access to IPE’s industry-leading market intelligence, comprising news, data and long-form content on European pensions and institutional investment.