Actuary finds twaddle in asset tweaking
KiwiSaver fund managers ‘underwhelming’ at asset allocation.
Tim Hunter
Thu, 11 Oct 2018
Tactical asset allocation by KiwiSaver fund managers may be a waste of time and could even detract from investment performance, analysis by actuary Melville Jessup Weaver finds.
The practice involves adjusting the proportion of a fund’s holdings in a handful of different asset classes, such as
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Tim Hunter
Thu, 11 Oct 2018
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