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Investment Strategy

GMO shuts down Australian stock-investment team

Grantham, Mayo and Van Otterloo & Co. (GMO), the 35-year old Boston-based asset manager, has closed its Australian stock-investing unit with the loss of an unknown number of jobs. The GMO Australian Equities Trust had $198 million invested and its Small Companies Trust had $7.5 million invested as of March 31, according to the Australian […]