Jean-Pierre Aubry
speaker
560 appearances
1 recordings
1 series
first heard Jul 2026
last heard 23 Jul
Jean-Pierre Aubry’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
knock people always have these kinds of analyses.
Well, if you're only looking from 2009 to 2018, of course you're going to see this.
If you're only looking from 2001 to 2008, of course you're going to see this.
There's always this idea that you're cherry picking your time period, right?
For the point you're trying to make.
So we wanted to avoid that.
And so we did rolling periods of five and 10 years from 2001 to 2018.
So we kind of got 2001 to 2005, 2002 to 2007, 2003 to 2008.
And we kept doing that.
So you get kind of all these five-year chunks, all these 10-year chunks.
And let's see how many of them end up positive and how many of them end up negative kind of idea.
And the majority of the time across all these little ranges from 2001 to 2018, all these five-year periods, all these 10-year periods, the majority of time, pension funds underperformed the index.
So the point we're trying to make there is, yeah, there were some periods probably here or there where pension funds outperformed.
But on the whole,
They've lost more times than they've won.
Our call to action for public plans from that research was that if you're going to keep doing this, you need to find a way to defend yourself.
Like, is it worth the trouble anymore to keep doing this?
You know, we've looked at all the different periods, all different times, and it's just hard to make a strong case for this complex approach that hedge funds have shifted to over time.
And it may not be that indexes have to be the right answer, but it's just
This is relative to, I think, more vanilla asset classes, at the very least.
Showing 301–320 of 560 · page 16 of 28
← Previous
Next →