Australian pension funds go global in search of assets
Australia's top super funds are increasing their global asset allocations, as the superannuation system continues to see growth rates not seen by its global peers.
Although the largest global national pension funds still belong to Japan, Norway, and South Korea, no other nation in the world has even come close to matching the growth rate of Australia’s pension system which has expanded by over 630% from 2002 to 2022.
This growth of the superannuation industry is quickly exceeding its local boundaries, pushing funds to actively look for opportunities in international markets.
“During the 2021-22 financial year, Australians contributed a rec…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.