Australian super funds steer clear of China
Assets are growing fast at superannuation funds, but they remain cautious about investing in markets such as China, says Baker & McKenzie.
Australian pension and superannuation funds are accumulating funds at a blistering rate -- contributions are rising by 9% a year -- and they need somewhere to put the money, says Jason Ng, head of the Asia-Pacific funds group at law firm Baker & McKenzie in Hong Kong.
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