| Asset allocation refers to how much money you put into lower returning safe assets like government bonds versus higher returning risky assets like shares. All investors must consider this issue at some time but there is some disagreement as to what is the right strategy for sovereign wealth funds and other investment entities with ultra long investment horizons.
In NZ the NZ Super Fund has a longer investment horizon than most and with almost $20bn in assets it is one of the largest local funds...............................................Full Article: Source
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