AIG overhauling asset allocation framework

AIG is developing a new asset allocation framework to address what it sees as a fundamental shift in the market environment that could last another generation.  That was the stark message from the US insurance group's London-based chief investment officer for international (non-US) markets, Guillermo Donadini, speaking at an industry conference last week. “[We] must change the way we manage our assets,” Donadini said, as he warned of the potential for real interest rates to rema…