Listed investment companies may launch more global funds this new year as jittery investors chase international exposure, seeking respite from record-low interest rates and losses from the local sharemarket.
Nathan Umapathy, research analyst at Bell Potter Securities, said there remained a "huge gap" in available international LIC products for Australian investors looking to diversify their portfolios.
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Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.
