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Pension funds need to respond to a regime change from the low-growth, low-inflation environment that suited bonds and bond proxy equities, to a reflationary/inflationary one that will suit cyclicals, energy and materials, and value stocks in particular, warns Ian Lance, co-manager of the Temple Bar Investment Trust.

Ian Lance | March 4, 2021

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Schemes cannot own same stocks in a downturn as in a recovery

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Schemes cannot own same stocks in a downturn as in a recovery

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