Catholic super fund seeks offshore success

The Catholic Superannuation and Retirement Fund has decided to modify its international equities weighting in favour of emerging markets. The move follows a recent review of its $3.4 billion portfolio. The fund is ramping up its exposure to emerging markets from 3 to 6 per cent. CEO Greg Cantor, said: "Markets are always changing. But we see regular reviews of our investments in all markets and asset classes as an essential part of ensuring we are making our members' money work hardest for them." SOURCE Catholic Superannuation and Retirement Fund (Media Release, 26/8/07) LINKS (not necessarily endorsed by Church Resources) Catholic Superannuation and Retirement Fund