Metropolitan's Prudential Managed comment - Sep 01 - Fund Manager Comment23 Oct 2001
The fund's overweight position in equities was reduced on the basis of reduced earnings expectations in equities. The fund will remain focused on local equity markets with an overweight position in the financial and industrial sectors.
Metropolitan Prudential - Media Comment17 Aug 2001
The negative 4% returns for three years to end of June 01 tells a story of many lost profit opportunities and shorter term returns provide no evidence that management has come to terms with a volatile market.