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.”
clients, oneanswer, infrastructure, reits, advisers, construct, sector, protect, vanguard, pankhurst, diversified, exposure, “so, it’s, o’brien, medium, invesco, introduced
A view that the US stock market is overvalued and equity risk premia will be lower over the long term has driven New Zealand Super to lower the return expectations for its reference portfolio following its recent five-yearly review of the benchmark.
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