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<a href="http://www.accessmylibrary.com/coms2/summary_0286-38150658_ITM" title="Facts and information about News in brief.">News in brief.</a>
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News in brief.
Diversity still drives us investors
The impact of the financial crisis has not deflected US institutional investors from their pursuit of portfolio diversification.
Seventy per cent of 152 institutions surveyed by Greenwich Associates, continued to move money out of US equities over the past 12 months, while more than three- quarters of respondents maintained allocations to hedge funds and private equity, with 20 per cent increasing such investments.
Institutions were more divided in their approach to international equities. While 47 per cent left allocations unchanged over the last 12 months, 31 per cent said they had reduced ...
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Source: HighBeam Research, News in brief.