3 July 2009 00:21
McNeice also considered the use of defaults among group insurance and found high use of defaults across a range of age groups. Of the 210 survey respondents, half of those in their 30s relied on the default level of insurance cover but when asked if they believed this cover was sufficient, only 45 per cent of those in their 30s said ‘yes’.
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Colonial First State chief investment officer Jonathan Armitage says a shift away from reliance on US mega-cap tech stocks is reshaping portfolio resilience, with emerging markets, private debt and catastrophe bonds helping to drive returns across the portfolio.
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