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What GIC and CPPIB have learned from the Covid crisis

Top executives at the two big public investment funds reflect on their institutions’ approaches to stress testing and private markets, among other things.
What GIC and CPPIB have learned from the Covid crisis

The massive Covid-driven market turmoil this year has shown that there’s no such thing as too much portfolio stress testing and in the deepest crises even the most frequently traded listed assets can become illiquid.

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