14 April 2009 13:00
AustralianSuper added to this number in subsequent years and gradually built “an unwieldy list” that prompted the fund and its consultants to review the portfolio.
This culminated in written
communication to managers last week informing them that their mandates were
being withdrawn.
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Despite the dizzying technological innovations in China and the investment opportunities that come with them, Team Super chief investment officer Seamus Collins says some risks, including weaker investor protection, make him hesitant to allocate large chunks of the portfolio to the world’s second-largest economy.
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