Aussie supers upbeat about active equity investments

Chief investment officers at Australia's superannuation funds admit that valuations can look a bit stretched in some of their equity portfolios. But they are not about to back away from active equity investments, despite potentially negative external factors. They believe that, with ample liquidity and a benign monetary environment, as long as earnings remain positive, equity markets are only going one way. "I think, for the first time in probably decades, equity sectors matter…