Dinneen says that deal flow is more robust at the moment than it has been for the past couple of years and exits have also benefitted from the recovery in BRIC sharemarkets last year. About two-thirds of the world’s IPOs by value took place in China and Hong Kong last year.
Investments
Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.
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