Mercer Super lifting unlisted infra, property allocations
The move forms part of a broader shift into "alpha-generating sectors" even as the $18 billion pension fund grows more cautious about the global economic outlook.
Australia’s Mercer Super Trust is shifting money to alpha-generating sectors this year and is keeping an eagle eye on global economic growth and growing trade frictions to gauge their impact on investments.
That’s according to the chief investment officer for the Pacific region for Mercer, which manages the superannuation fund.
“After a number of years of strong returns, Mercer is reallocating towards alpha-generating sectors over those with market (beta) exposure," Sydney-based…
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