%20Investor%20Responsibilities_2013.pdf matter of a few years but whole generations. Such generational differences create real challenges for the governing bodies charged with acting in the interests of all

%B8%99%E0%B8%97%E0%B8%A3%E0%B8%B1%E0%B8%9E%... ICGN%20Institutional%20Investor%20Responsibilities_2013.pdf matter of a few years but whole generations. Such generational differences create real

Intergenerational fairness Most collective investment vehicles will aggregate the interests of underlying beneficiaries investing over a range of time horizons; in many cases, these differences will not be just a