How important are investment beliefs to organisations that look after people’s savings? Presumably they stand behind whatever investment process is put to work to earn returns. But they are not often explicitly stated, and in the UK at least, are little discussed.

A study by Kees Koediijk of Tilburg University and Alfred Slager, chief investment officer of Stork Pension Funds, found the publication of investment beliefs is concentrated in Canada, the US, the Netherlands, Australia, Denmark and Sweden, and among public pension funds.