Time to review asset allocation – UBS

Australian institutional investors should review their asset allocation strategy in light of an expected downturn in Australian equities, according to a report by Michael Karagianis, UBS Global Asset Management senior asset allocation strategist.

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NSW State Super reduces Aus equities, enters global long/short

The $31 billion pooled fund of NSW State Super sharply reduced its allocation to Australian equities in the second half of last year, and awarded its first ever international long/short mandates to AQR Capital Management and Axa Rosenberg Investment Management.

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