Emerging markets for the long term: go for liquidity, capacity and low costs

“By way of contrast, a number of developed markets where funds have significant equity exposures exhibit significant current account deficits, such as in the US, and unfavourable demographics due to an aging population, such as in Japan and Europe… coupled with a large public and private sector debt overhang, may lead to a weaker economic outlook in the near term as households and governments seek to de-leverage and save more,” said Chee.

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The AI boom has left super funds with nowhere to run

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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