Chief Investment Officer, Lukasz de Pourbaix, provides an update on the outcomes of Lonsec’s latest quarterly investment committee and current Dynamic Asset Allocation (DAA) views. At the September meeting Lonsec made a change to the DAA positions and reduced our Overweight position in Australian Equities to a Slight Overweight position, whilst increasing our exposure to Alternatives, Global REITs and Infrastructure.
Lukasz explains how Lonsec’s DAA process looks at cyclical indicators and valuations (are assets cheap or expensive) to help us identify the most attractive and unattractive asset classes, with cyclical indicators being a useful metric that provides directional views over the medium term, and valuations taking a view over the long-term investment horizon.
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