SWIP realigns MM Diversity for capital preservation

The portfolio's bond exposure has been expanded with investments in M&G Optimal Income, PIMCO Global Bond and Julius Baer Absolute Return Bond, while increased global equity exposure comes through CF Odey Opus. The team has also established an overweight position in hedge funds with purchases of FRM Diversified Alpha and Brevan Howard Global. Investment in the First State fund is the SWIP team's first direct foray into infrastructure, and Harries said he favoured this sector's capacity to generate strong and reliable returns while being more recession-proof than many other asset classes. ...