Macquarie Marquee Ideas:Bottom-up Top Picks

Our Asia-ex Marquee list has returned 37% since launching almost a year ago,vs 28% for the MSCI Asia-ex. While our Japan Marquee has returned 28% vs.18% for MSCI Japan over the same period. This index is purely driven bybottom-up stock call conviction by our sector and country heads. Today, weswitch ITC IN out for Hindustan Unilever.

    Adding (Outperform list)

    § Hindustan Unilever (HUVR IN)