We might look to perhaps increase our equity weighting
into the year end," she said.
Emaar, which has the heaviest equity weighting
on DubaiEoe1/4aos index, rose to 4 dirhams.
Embedded in this is the one per cent Africa-Mideast equity weighting
against seven per cent global GDP.
Steve Lee, CEO, HSBC Jintrust, said, 'This Fund fills a gap in high equity weighting
in actively managed funds investing in large-cap stocks in the market.
For foreign equities, the percentage will rise from 3 to 8 for a total equity weighting
of 20 percent versus the current 8 percent.
The Cazalet survey showed the society had a high equity weighting
of 69 per cent compared with an industry average of 33 per cent.
4 per cent equity weighting
(including shares and property) of its with-profits funds has been maintained well above the insurance industry average.
And the pounds 3 billion pension fund operated by supermarket chain J Sainsbury has cut its equity weighting
to 70 per cent from 80 per cent with a corresponding rise in its bond holding.