Universal owners can’t dodge systemic risk. “When the systemic risks hit the market, all our efforts to beat the market are not going to be good enough,” says Hiro Mizuno, CIO of Japan’s $1.6 trillion GPIF. “We should make the capital markets sustainable.”https://impactalpha.com/reverse-the-polarity-tops-impactalphas-big-9-themes-charting-the-transformation-of-finance/ …
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