Is change coming for equities mandates?

The Australian Financial Review
09 Jul

Are some of Australia’s superannuation funds giving up on being underweight the banking sector by any margin?

It’s a real consideration, despite Commonwealth Bank shares’ ever-lofty valuation. And at least one industry fund is in talks with fund managers about overhauling its investment mandates to ensure it always has a market-weight position in Australia’s largest listed banks, people with knowledge of the matter told this column.

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