AXA's India JV CIO: Strategic allocation models need rethink

Investors should steer clear from holding strong convictions as the global investment landscape undergoes rapid changes, leading to a gap between underlying assumptions and reality, the chief investment officer of AXA’s India insurance joint venture unit said. In a fluid operating environment, institutional investors will likely find it easier to stick to their time-tested strategic asset allocation models. However, “these models need to be checked against the real world,” Rahul…