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Better understanding of portfolio diversification is needed, says Watson Wyatt

Asset managers and investors still have important lessons to learn about portfolio risk and alternative investments, according to a senior consultant.

Last year's market turmoil will lead to more careful thinking about how alternative investments are used in portfolios and about diversity in general, says Peter Ryan-Kane, Hong Kong-based head of portfolio advisory for the Asia-Pacific region at global consulting firm Watson Wyatt.

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