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
The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.
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