25 May 2009 13:00
Westfield is more than half the Australian REIT market.
“So investors are saying ‘I’ll just take a global portfolio and remove my Australian REIT exposure and get it through a global product’, hence why we’ve changed the benchmark so it’s inclusive of
Australia.”
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Whenever super fund CIOs are asked what they’re doing about AI risk, “diversifying” is always the answer. But as cross-portfolio exposures to the thematic grow and grow, that answer is no longer good enough.
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