Ride the bubble

William M. Mercer suggests Hong Kong pension funds should get into equities in a big way.

Investment consultancy William M. Mercer recently invited a number of Hong Kong corporate pension fund managers to hearĀ its view of the world, and the advice was a no-holds barred call to diversify more into global equities. Tim Gardener, London-based global practice leader, said rising demand globally for equities would inflate their values, making them a good bet for the next decade. I know its a bubble, but its a long-enough bubble to play, he comments....

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